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Electric vehicles begin to bite into oil demand
by Felicia Jackson, Contributor
Forbes Translate This Article
25 April 2018
On 25 April 2018 Forbes reported:
Projections have suggested that the advent of electric vehicles will have a dramatic impact on oil demand and now its starting to show. With China adding the equivalent of London's bus fleet every 5 weeks, that's 279,000 barrels of oil a day removed from demand. The latest report from Bloomberg New Energy shows that economics are driving the change, with the total cost of ownership of electric buses far outperforming the alternatives.
Global Good News service views this news as a sign of rising positivity in the field of science, documenting the growth of life-supporting, evolutionary trends.
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