Was it in your fortune cookie? China-induced Gas Price slump Whacks EV Sales
Falling oil prices, created in large part by a weak Chinese economy, are making gasoline-powered vehicles more attractive to consumers. With prices in some states below $3 per gallon, many are reconsidering the switch to electric vehicles. Meanwhile, conventional cars tend to be cheaper, avoid range limitations and have easier access to fueling, all of which is a growing challenge for EV sales.
More from ClimateCrisis 247
- Forecasting Crippled As Staffing Shortage Hits National Weather Service
- Treaty Talks Struggle to Stop Plastic Pollution Crisis
- AI Could Help Fight Lies During Natural Disasters
- Honeybee Die-Off Threatens Future Of Species In U.S.