boem@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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 · 2 years agomessage-square20fedilink
minus-squareR00bot@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·2 years agoHow many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
minus-squareworkerONE@lemmy.worldlinkfedilinkEnglisharrow-up0·2 years agoThey’ll lower production to introduce artificial scarcity.
minus-squareVirtualOdour@sh.itjust.workslinkfedilinkEnglisharrow-up0arrow-down1·2 years 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.