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Here’s How Electric Cars Will Cause the Next Oil Crisis

Bloomberg echoes the figure that in 2015 the sales of Electric Vehicles rose 60% in comparison with the previous year. Following this trend, this means in 2023 the oil displaced by Electric Vehicles will mount up to 2 million barrels per day. The equivalent to the 2014 oil crisis.

Even being conservative with the calculations, the same figure would be reached on 2027.

It seems that 2020’s will be the decade of the Electric Vehicles.

 

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