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Rising demand for electric cars in 2020

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Car Dealership Directory
Rising demand for electric cars in 2020

Do you know electric cars are the future of transportation due to the rise and fluctuation in oil prices?

 

Saudi Arabia increased oil prices due to which the whole world suffers a lot, this rise in prices affect the overall financial position of the countries. It is the perfect time to switch from oil to electric, recently many cars brands have manufactured some of the best electric cars.

 

More than 80% of the oil consumption is through vehicles such as cars, bikes, buses and other vehicles.the electric vehicle will save 80% consumption, save the earth from air pollution, and electric cars save your money as compared to oil.

 

For eg:

If electricity costs $0.11 per kW

The vehicle will consume 34 kWh to travel 100 miles

Per mile: $0.04

 

The example shows the average distance that a normal car can do at a particular speed as compared to oil prices it is very less inexpensive. Tesla is the best electric car producing company that created the best electric cars in the world. They are also producing sports electric cars, you can check out the car dealership directory.

 

It is the best strategy if electric cars go global because a common person is terrified of oil prices. Electric cars are the best solution to subtract the monopoly of oil companies.

 

Only 10% of electric vehicle buyers are the ages of 25 and 34. The big reason is the price. New generations of the USA are struggling with student debt and wage at a time when more than 70% of electric car user incomes are at least $100,000.

 

The biggest competition in the electric car brand in between Tesla and Porsche but GM, Volkswagen, Nissan, and Kia coming in the market with more electric cars.




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