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A most interesting event happens once say 25% of all cars are EV's, which may happen 5 years down the road. Gas stations will have to raise prices a bit to rema
by childintime 7y ago
A most interesting event happens once say 25% of all cars are EV's, which may happen 5 years down the road. Gas stations will have to raise prices a bit to remain profitable, and some will have to close. At that point likely noone will buy petrol cars, as the writing is on the wall. The impact that will have on their price makes EV's the much better investment, even today.
- Gibbon1 7y agoI've mentioned before a friend that lives in a small town with one gas station. Their gas is expensive. So everyone tries to get gas when they do their weekly shopping 80 miles away. It's the town you would think wouldn't be a candidate for electric vehicles. But a Tesla Model 3, Late Model Leaf or Chevy Bolt could make the shopping run. Especially if there was a charger at the Walmart. Bonus you can top batteries up at home and not worry about running out of gas and getting bent over by the local gas station. If the gas station stopped selling gas then electric would be the only real viable option.