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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy! Let the Interstate trucks and farm equipment stay on oil until the residential is done and slowly begin to move them as their fleets age out. Then we are done! Email Neal.

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