Oil Price Swings Don’t Touch EVs (Graph)

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Here’s a pretty awesome graphic on an issue we don’t actually touch on much when discussing EVs. Clearly, the price of oil is very volatile, due to a variety of factors (“the whims of OPEC, hurricanes, and instability in the Middle East,” as Max Baumhefner of NRDC writes). Fortunately for anyone who decides to switch to a clean electric vehicle, the price of electricity is not. Here’s the graphic for a visual representation of that:

Yet another reason to buy an electric vehicle next time you’re in the market for a car. (Thanks to a reader for passing this on to me.)

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Zachary Shahan

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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