For all the headlines about automakers dialing back their plans for electric vehicles, there have been some pockets of surprisingly positive news on EV adoption the last few months.
World oil demand still hasn’t peaked. Almost 80% of the growth in demand is coming from China. However, it’s leading the world in the transition to EVs. 35% of new car sales there are now EVs. We know “peak oil” will be soon, will it be 2024?
Has peak oil already occurred in any country? Norway has quite a bit of electric cars already. Are they offering a glimpse of what’s to come? Or Iceland, whose heating is not generally oil based?
World oil demand still hasn’t peaked. Almost 80% of the growth in demand is coming from China. However, it’s leading the world in the transition to EVs. 35% of new car sales there are now EVs. We know “peak oil” will be soon, will it be 2024?
Has peak oil already occurred in any country? Norway has quite a bit of electric cars already. Are they offering a glimpse of what’s to come? Or Iceland, whose heating is not generally oil based?