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Behind the Markets Podcast: Nathaniel Bullard & Christopher Gannatti

Behind the Markets Podcast

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The Future of Electric Vehicles

Global electric vehicles are reducing the amount of oil demand that we would have if they didn't exist by about 2 million barrels per day. But this is another big challenge, I think, one of the reasons I wanted to put this together is these things don't talk to each other at all. Like here in the United States, you can have a politically driven corn ethanol policy that has nothing to do with a purely demand driven substitution of gasoline consumption when people shift from a tiny motorcycle to an electric motorcycle. And we have to sort of be aware of these things, I think,. very consciously and watch the numbers very carefully because they don't sort of sit within the same analytical frame.

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