As oil prices continue to surge, the global shift towards electric vehicles (EVs) is gaining momentum. According to a new report, EV sales are accelerating at an unprecedented rate, with many experts attributing the growth to the rising cost of gasoline and diesel fuel. With the global economy experiencing a perfect storm of inflation and supply chain disruptions, consumers are increasingly turning to EVs as a more affordable and sustainable option. As governments and automakers invest heavily in EV infrastructure and technology, the future of transportation is looking increasingly electric - but what does this mean for the fossil fuel industry and the global economy?


Global EV sales accelerate as oil prices soar  E&E News by POLITICO