BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth
Green Car Congress
DECEMBER 22, 2014
Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 per gallon, EV penetration in the US could reach 6% of the light-duty vehicle fleet by 2020, whereas with gasoline at $3.34, the EV share could be 9%. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity.
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