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Anyone who thinks EVs will ever gain enough market share to ‘crash the oil’ market doesn’t understand either economics, petroleum consumption or motor vehicles.

EVs (and Hybrids) are great additions to increase efficiency in the overall fleet but the idea that they’re going to displace the conventional ICE is Green propaganda.

The quantity of lithium and other minerals that would have to be mined to make that happen — even if it were possible, which it isn’t — would be every bit as destructive to the environment as current petroleum usage.

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