Post
Topic
Board Economics
Re: Are electric cars bad for the oil industry?
by
Oilacris
on 31/12/2017, 14:51:55 UTC
EV is like mac ... less than 2% in the world.  Roll Eyes

Most big car companies have started producing electric powered models and renewable energy is on the rise. It doesn't look good for oil either way.

Maybe it is, Maybe its not because when majority of the people are using electrical cars we can. it is good for oir environment, some people they dont want an electric car, becuase they dont have a money to buy it. So some people in our country they protest to not enter an electric car.
Electric cars are just starting up which means they are just few on production which we know that it would really be expensive which not all people do have the capability on buying such thing.This would indeed hurt up oil industry but not totally a reason for it to be stopped because not only cars are using oil industry but it do have a big role on industrial machinery which isnt included on such innovation.