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RE: LeoThread 2025-02-15 15:31

in LeoFinance8 months ago

I have a friend in China that recently bought an EV, his driver for buying an EV is because the uptake of EV's in China with the subsidies and low prices has brought about an interesting issue. Charging stations are everywhere, but Petrol Stations (Gasoline Service Stations) have been going broke and shutting down and the ones left are raising prices due to less competition. So owning a fuel based car is more of a hassel and inconvenience than owning an EV. So it appears there is a tipping point. Might make for an interesting conversation in your videos. Once there is more EVs than Fuel cars, the Fuel Stations start to dissappear making it harder/less convienient to own a Fuel based car.