Pain from the Pump: Falling Gas Prices Threaten electric Vehicle Adoption

Douglas McIntyre, editor-in-chief of Climate Crisis 24/7, discusses how gas prices in the U.S. have dropped below $3 per gallon for the first time in over three years and the challenge that poses to the adoption of EVs. Lower gas prices make driving more affordable and reduce the urgency for consumers to transition to electric vehicles. The falling oil prices, driven by oversupply and reduced demand in China, are complicating the market for EV manufacturers who anticipated sustained high fuel costs.