3min chapter

Money For the Rest of Us cover image

Is There a Global Energy Crisis?

Money For the Rest of Us

CHAPTER

Electric Vehicles Are a Substitute for Oil

The i e a reports that gasolene demand is unlikely to return to 20 19 levels due to efficiency gains and the shift to electric vehicles. We discussed electric vehicles back in episode three forty six. Global e v sales increased 80 % in the first half of 20 21, compared to 20 20. Electric vehicles are expected to make up seven point two percent of global car sails in 20 21. That's up from two point six per cent in 20 19,. ind four point three Per cent in 20 20.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode