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How will cheap oil affect the electrification of transport?

One of the advantages of electric cars is considered cheapness of operation. Today, a fall in oil prices may lead to the opposite process. If we pay attention to history, it was "black gold" that slowed down the technical revolution during the 20th century. Every time the oil crisis unfolded, car manufacturers started working on an alternative to combustion engines.


In 1941, interruptions with fuel in France led to the appearance of electric car from Peugeot - model VLV. The oil crisis of 1973 led VW to the creation of the first electric "Golf".
2020 - the end of electric cars?

Cheap fuel and gas will most likely hit the Leaf segment in CIS countries. They are the ones who occupy a huge share of all electric cars in the secondary market, and the main motive for such a purchase is of course savings.

The new electric cars will be affected by the decline in industrial production in Europe and worldwide due to the COVID-19 pandemic. Most likely, it will be insignificant, because no one has yet given up subsidies for "green transport".

An example of a positive outlook would be China. After the quarantine measures were lifted, the Giga Shanghai became fully operational. On Tesla Model 3, the Chinese have lined up. This is despite a serious scandal ignited by equipping the platform of the previous generation HW 2.5 based on NVIDIA Drive PX 2 chip, although the specification specifies a new: HW 3.0.

Certainly, occurring on a planetary scale is new, it is difficult to predict what consequences of pandemic. But it is necessary to consider, unlike the previous attempts to introduce electric cars, the modern world focuses on eco-friendly transport. And while everything in the same China Renault refused to have an internal combustion engine, BMW is building a new plant producing electric cars.

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