Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Global plugin vehicle registrations were up 45% in August 2023 compared to August 2022, rising to 1,238,00 units. In the end, plugins represented 18% share of the overall auto market (with a 13% BEV share alone). This means that […]
The shitty thing is that as it puts the pressure on big oil, prices will rise and hurt poor people the hardest. We’re already being squeezed by the cost of gas, and when demand gets low the price will continue to go up until poor people are forced to choose between gas and food or an EV and food.
Lack of demand does not raise prices on fuel - quite the opposite.