Business
Is Cheap Gas Pulling the Plug on Electric Cars?
Angie Vorhies leaves her Nissan Leaf electric vehicle charging station as she heads for shopping at a mall Wednesday, Nov. 13, 2013, in San Diego. (AP Photo/Lenny Ignelzi)
(Fortune) – How does the price of gas correlate to electric car sales? One might reasonably assume that the higher gas prices go, the more likely battery-powered vehicles are to appeal to the masses. When gas prices are cheap, on the other hand, interest in electric cars would tend to fade, as the difference in the cost of charging versus fueling up shrinks.
Edmunds is hardly the only auto industry observer to take note of how low gas prices affect car purchases. John Krafcik, the former CEO of Hyundai Motor America and current president of the car-buying website TrueCar.com, explained to NPR, “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. It’s a fairly one-to-one relationship.”
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Oakland Post: Week of September 20 – 26, 2023
The printed Weekly Edition of the Oakland Post: Week of September 20 – 26, 2023
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Oakland Post: Week of September 13 – 19, 2023
The printed Weekly Edition of the Oakland Post: Week of September 13 – 19, 2023
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Oakland Post: Week of September 6 – 12, 2023
The printed Weekly Edition of the Oakland Post: Week of September 6 – 12, 2023
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Oakland Post: Week of September 20 – 26, 2023
WATCH LIVE! — NNPA 2023 National Leadership Awards Reception
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Oakland Post: Week of September 13 – 19, 2023
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US Senator Raphael Warnock joins the Conversation
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DA Pamela Price Engages Community at Good Hope Baptist Church Gathering
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Activism1 day agoOakland Post: Week of September 20 – 26, 2023
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Activism1 week agoOakland Post: Week of September 13 – 19, 2023
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Activism2 weeks agoOakland Post: Week of September 6 – 12, 2023
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Activism3 weeks agoOakland Post: Week of August 30 – September 5, 2023
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Activism4 weeks agoOakland Post: Week of August 23-29, 2023
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Black History4 weeks agoThe Tina Turner Musical Excites in San Francisco
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Bay Area3 weeks agoMayor Sheng Thao Speaks on Public Safety, Oakland-Vietnam Trade Opportunities
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Bay Area3 weeks agoDA Pamela Price Engages Community at Good Hope Baptist Church Gathering
Business
Is Cheap Gas Pulling the Plug on Electric Cars?
Angie Vorhies leaves her Nissan Leaf electric vehicle charging station as she heads for shopping at a mall Wednesday, Nov. 13, 2013, in San Diego. (AP Photo/Lenny Ignelzi)
(Fortune) – How does the price of gas correlate to electric car sales? One might reasonably assume that the higher gas prices go, the more likely battery-powered vehicles are to appeal to the masses. When gas prices are cheap, on the other hand, interest in electric cars would tend to fade, as the difference in the cost of charging versus fueling up shrinks.
Edmunds is hardly the only auto industry observer to take note of how low gas prices affect car purchases. John Krafcik, the former CEO of Hyundai Motor America and current president of the car-buying website TrueCar.com, explained to NPR, “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. It’s a fairly one-to-one relationship.”
Activism
Oakland Post: Week of September 20 – 26, 2023
The printed Weekly Edition of the Oakland Post: Week of September 20 – 26, 2023
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of September 13 – 19, 2023
The printed Weekly Edition of the Oakland Post: Week of September 13 – 19, 2023
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of September 6 – 12, 2023
The printed Weekly Edition of the Oakland Post: Week of September 6 – 12, 2023
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
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Activism1 day ago
Oakland Post: Week of September 20 – 26, 2023
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Activism1 week ago
Oakland Post: Week of September 13 – 19, 2023
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Activism2 weeks ago
Oakland Post: Week of September 6 – 12, 2023
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Activism3 weeks ago
Oakland Post: Week of August 30 – September 5, 2023
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Activism4 weeks ago
Oakland Post: Week of August 23-29, 2023
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Black History4 weeks ago
The Tina Turner Musical Excites in San Francisco
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Bay Area3 weeks ago
Mayor Sheng Thao Speaks on Public Safety, Oakland-Vietnam Trade Opportunities
-
Bay Area3 weeks ago
DA Pamela Price Engages Community at Good Hope Baptist Church Gathering
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