EV charging technology and infrastructure is growing rapidly around the world, while battery production expands.
New vehicle technologies require grease and lubes producers to stay ahead of the curve.
A mixed set of Q2 2019 reports from the oil majors and lubes producers including Shell, BP, ExxonMobil and Fuchs.
Laboratories, Group II base oil, lubes and additive plants all announced in expansion plans.
A generally volatile market has led to slightly depressed numbers for most of the oil majors at the start of the year, but their CEOs are confident of being able to manage the volatility.
Shell research shows lubes suppliers will play an important role in development of Industry 4.0, but there are skills challenges
Shell will partner with Pitstop, India's leading doorsetp car-services company to provide periodicoil service to vehicles.
BP's highest quarterly results for more than five years demonstrates the trend of increased profits and revenue for oil majors.
Financial figures are more positive for Q2 and the first half of the year overall
ExxonMobil has hit back at Shell's claims of producing a diesel engine oil which doesn't comply with API CF-4 industry standards.