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.
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