Quote:
Originally Posted by zig553
If gas hit 2$/L in Canada I would likely have to ditch the V8 4runner. However, due to people jumping ship to EVs/Hybrids I wonder if gas prices might go down a bit to remain competitive so people don't start buying EVs as fast.
Oil companies should realize that if gas prices go up people will starting moving to Electric Vehicles faster.
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Do you realize that the vast majority of electricity is produced from the burning of fossil fuels? 63% from the burning of fossil fuels, 20% from nuclear energy and only around 17% from renewable sources. If, tomorrow, everyone switched to EVs, there wouldn’t be enough electricity to charge them. California already had rolling blackouts this summer because of the heat. What if millions of people tried plugging in their cars each night?
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