Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide
Green Car Congress
MAY 22, 2019
Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. The International Energy Agency estimated there were 4 million low-speed electric vehicles in China as of midyear 2018, representing about 2% of the country’s passenger cars, Collins said.
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