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I think once India and China start selling cheap electric cars and electric trucks deliver an economic advantage to oil, we can safely say oil is on its way out
by Roritharr 10y ago
I think once India and China start selling cheap electric cars and electric trucks deliver an economic advantage to oil, we can safely say oil is on its way out.
But not before that.
- superquest 10y agoDon't forget motorbikes!
- GFischer 10y agoChina is the #1 producer and buyer of electric cars. It's still 1/300th of all cars sold, so it's not mainstream, but the tremendous growth is there (see the graph on the first article). It's actually the U.S. that's lagging behind. http://www.wsj.com/articles/mind-the-shock-as-auto-investing-turns-electric-1481626699 http://www.wsj.com/articles/mind-the-shock-as-auto-investing... http://www.forbes.com/sites/russellflannery/2016/08/30/warren-buffett-backed-byd-rises-to-14-month-high-after-electric-car-sales-soar/#7d7da4525969 http://www.forbes.com/sites/russellflannery/2016/08/30/warre...
- tonyplee 10y agoKeep hearing about graphene base battery technology that is faster to charge, store more in less volume/weight from time to time for cell phone and car. Hope that will be true soon.