Blog: Oil falls as global economic backdrop outweighs Saudi output cut

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5 comment(s). Last comment by qqq47660 2023-06-06 15:48

FortuneBull777

1,151 posts

Posted by FortuneBull777 > 2023-06-06 15:41 | Report Abuse

It's not only because of current global economy, it's because more and more are moving towards EV! China adoption of EV is the fastest in the world!
The lower cost of maintenance and ease of mobility makes EV more appealing! Look, majorty of EV buyers don't even care about the envinronment concerns, they buy EV because it makes better sense!

FortuneBull777

1,151 posts

Posted by FortuneBull777 > 2023-06-06 15:42 | Report Abuse

As more and more EV extend their range from 400km to 1000km, charging will be non issue!

qqq47660

9,012 posts

Posted by qqq47660 > 2023-06-06 15:44 | Report Abuse

Geely Zeekr 01 give range of 1000 km

qqq47660

9,012 posts

Posted by qqq47660 > 2023-06-06 15:45 | Report Abuse

how ? I stay in condo but want EV.....................................................

qqq47660

9,012 posts

Posted by qqq47660 > 2023-06-06 15:48 | Report Abuse

my guru says most Japanese car companies will bankrupt before 2030.

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