2 points | by mooreds 6 hours ago ago
1 comments
The high gas prices also push people towards EVs. Those new EV owners are very unlikely to return to gas-powered vehicles, even if the cost of gas goes back down. Gas demand isn't quite as elastic as we've been assuming for decades.
The high gas prices also push people towards EVs. Those new EV owners are very unlikely to return to gas-powered vehicles, even if the cost of gas goes back down. Gas demand isn't quite as elastic as we've been assuming for decades.