Another myth. No evidence, just weird conspiracy theories to confuse and encourage a sense of powerlessness. Oil companies have been some of the biggest investors in the world in renewable power projects. The speed at which renewable technology progresses producing lower costs is the opposite of what fossil fuel companies face, which is higher costs in every aspect of their industry as well as greater and more expensive regulation.
It's no surprise that when a company dedicated to using new technology like Tesla, Rivian etc gets into production, their market value goes through the roof. They and other companies like them are proving what is possible and show that existing car companies are not acting fast enough to capture future market share. Although there are a lot of electric cars starting production from the likes of VW, Toyota, Ford, GM etc they are well behind electric only companies.
And don't forget China already produces half the electric cars made in the world today with over 8 million cars per annum expected by 2028 with Europe expected to produce 5.7 million cars by then.