As the global oil market continues to reel from the shock of Russia's invasion of Ukraine, one segment of the economy is emerging as a clear winner: electric vehicles. With oil prices soaring to record highs, the benefits of ditching fossil fuels for electricity are becoming increasingly apparent. Meanwhile, the losers are piling up - from oil producers and refineries to airlines, trucking companies, and even consumers who are feeling the pinch at the pump. As the world struggles to adapt to this new reality, one thing is certain: the electric revolution is gaining momentum.
Electric cars are clear winners of this oil shock. The losers? Almost everyone else LinkedIn
