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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. cents, compared to a current average gas price of $2.78 the rate of gas (or 7x on state property).

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EV myths busted: Are electric vehicles safer than gas-powered cars?

Drive Electric

Electric vehicles have historically received a bad reputation for concerns around safety. Issues like thermal runaway, electrocution, and reports of inextinguishable fires plagued the pioneering electric vehicles. Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). THE BOTTOM LINE.

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Tesla’s Elon Musk predicts peak oil demand within next 5 years

Teslarati

Over the years, Musk has clarified on Twitter that he actually supports solutions such as nuclear energy, and amidst the Russia-Ukraine war, the CEO highlighted the need for greater oil and gas output. In a recent response on Twitter, Musk predicted that the use of oil and gas would likely peak within the coming years.

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BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars

Electrek

BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. These are great cars.

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IEA: Petrochemicals set to be the largest driver of world oil demand

Green Car Congress

Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.

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Conspiracy theories link soaring gas prices to electric vehicles with zero evidence

Teslarati

A vacuous link between soaring gas prices and the surging demand for electric vehicles is being targeted as a conspiracy to make American consumers switch to electric vehicles. a gallon gas is how you get people to buy electric cars,” a meme shared thousands of times across several social media platforms said. .