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EVs Are Shoving Aside Real Volumes of 0il
19 May 2022 | Abstracted from Axios
"Electric vehicles displaced roughly 1.5 million barrels per day of oil last year, new analysis shows, an amount slated to grow as EV sales keep rising."Two- and three-wheeled EVs accounted for 67% of the oil demand avoided in 2021," the report notes, citing rapid adoption in Asia. Buses were next at 16% and then followed by passenger vehicles at 13%..."
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