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It would, but if it's anything like the last time gas was outrageously expensive, people seem to forget the high prices once they go down. No one bought SUVs i
by xeromal 7y ago
It would, but if it's anything like the last time gas was outrageously expensive, people seem to forget the high prices once they go down.
No one bought SUVs in 2008-2010, but now they're one of the most popular types of cars and ford has alltogether stopped making car models
- Brakenshire 7y agoElectric vehicle development has a large hysteresis, every time it’s pushed forward battery and component costs will fall, bringing new classes of vehicle below cost parity with combustion vehicles, that will only be reversed in part if the oil price returns to the same point as before.