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by gary_0
1357 days ago
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That was my first thought. Once the world's richest economies hit the EV tipping point where automotive gasoline becomes a shrinking market, gas costs are going to go crazy, especially since things like refining capacity will go down as costs are cut and new investment goes to zero. The market for cheap electric cars and scooters/bikes will explode as consumers worldwide see the price of gas get higher and higher. Many of these cheap EVs won't be sold (or even legal to sell) in North America, but someone somewhere will meet that demand. |
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