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Electric Vehicles Could Soon Reduce Oil Demand By 13 Million Barrels Per Day - OilPrice.com
Autoblog (blog) | Electric Vehicles Could Soon Reduce Oil Demand By 13 Million Barrels Per Day OilPrice.com According to a new report from Bloomberg New Energy Finance (BNEF), the rapid decline in the cost of building batteries for electric vehicles (EVs) will make them cheaper than the internal combustion engine in just a few years. By the 2020s, EVs could ... Will better, cheaper EVs really crash the oil market soon? Bloomberg believes better electric vehicles will cause another oil crisis, and relatively soon Electric Cars Could Tank Oil Prices Even Further |
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