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by pmorici
1918 days ago
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There are something like 1.4 billion vehicles in operation world wide and 80 million new vehicles are sold every year. That is at most 17 years once new vehicle sales are effectively 100% electric which will probably happen around 2030. The value of used gas cars will deteriorate rapidly as the spare parts and repair networks disappear and electric vehicle costs become much cheaper pulling forward demand for the transition to electric. |
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