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View Full Version : Fears Rise That Low Gas Prices Will Hurt Electric Cars



EV Fan
12-11-2014, 12:49 AM
http://www.electricvehiclechat.com/sites/default/files/bmw-i3-gas-station-620.jpg Photo: Tom Moloughney

Gasoline prices in the U.S. have steadily fallen in the past three months, reaching a national average of $2.66 per gallon, according to AAA. Industry analysts and journalists have been quick to jump to the conclusion that the dip in gas prices spells the demise of electric cars. There’s no doubt that lower gas prices undermines a key selling point for battery-powered vehicles: reduced fueling expenses. But any quick and firm declarations about the long-term forecast for EVs based on current gas prices should be questioned.
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