boem@lemmy.world to Technology@lemmy.worldEnglish · 9 months ago1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.coexternal-linkmessage-square20fedilinkarrow-up12arrow-down10
arrow-up12arrow-down1external-link1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.coboem@lemmy.world to Technology@lemmy.worldEnglish · 9 months agomessage-square20fedilink
minus-squareR00bot@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·8 months agoHow many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
minus-squareworkerONE@lemmy.worldlinkfedilinkEnglisharrow-up0·8 months agoThey’ll lower production to introduce artificial scarcity.
minus-squareVirtualOdour@sh.itjust.workslinkfedilinkEnglisharrow-up0arrow-down1·8 months agoWhich is amazing news for the planet, they’re greedy though so they’ll probably try and keep it cheap enough to keep people using and maximize profit. It’s going to be interesting when a large enough portion of cars on the road are electric that gas stations start to lose enough business to thin out.
How many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
They’ll lower production to introduce artificial scarcity.
Which is amazing news for the planet, they’re greedy though so they’ll probably try and keep it cheap enough to keep people using and maximize profit.
It’s going to be interesting when a large enough portion of cars on the road are electric that gas stations start to lose enough business to thin out.