How electric vehicles could take a bite out of the oil market
- Written by Amy Myers Jaffe, Executive Director for Energy and Sustainability, University of California, Davis
Sales of electric vehicles are growing fast, especially in Europe.Sopotnicki/Shutterstock.comWhen will cars powered by gas-guzzling internal combustion engines become obsolete? Not as soon as it seems, even with the latest automotive news out of Europe.
First, Volvo announced it would begin to phase out the production of cars that run solely on...
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