Business
Is Cheap Gas Pulling the Plug on Electric Cars?
Angie Vorhies leaves her Nissan Leaf electric vehicle charging station as she heads for shopping at a mall Wednesday, Nov. 13, 2013, in San Diego. (AP Photo/Lenny Ignelzi)
(Fortune) – How does the price of gas correlate to electric car sales? One might reasonably assume that the higher gas prices go, the more likely battery-powered vehicles are to appeal to the masses. When gas prices are cheap, on the other hand, interest in electric cars would tend to fade, as the difference in the cost of charging versus fueling up shrinks.
Edmunds is hardly the only auto industry observer to take note of how low gas prices affect car purchases. John Krafcik, the former CEO of Hyundai Motor America and current president of the car-buying website TrueCar.com, explained to NPR, “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. It’s a fairly one-to-one relationship.”
Activism
Oakland Post: Week of April 23 – 29, 2025
The printed Weekly Edition of the Oakland Post: Week of April 23 – 29, 2025
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Oakland Post: Week of April 16 – 22, 2025
The printed Weekly Edition of the Oakland Post: Week of April 16 – 22, 2025
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Oakland Post: Week of April 9 – 15, 2025
The printed Weekly Edition of the Oakland Post: Week of April 9 – 15, 2025
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Oakland Post: Week of April 23 – 29, 2025
Chavis and Bryant Lead Charge as Target Boycott Grows
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San Francisco Is Investing Millions to Address Food Insecurity. Is Oakland Doing the Same?
Faith Leaders Back Barbara Lee for Mayor, Criticize Candidate Loren Taylor for Dishonest Campaigning
Oakland Post Endorses Barbara Lee
Oakland Post: Week of March 12 – 18, 2025
Rev. Dr. Jamal Bryant’s Black Church Target Boycott Mobilizes 150,000
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Oakland Post: Week of March 19 – 25, 2025
Five Years After COVID-19 Began, a Struggling Child Care Workforce Faces New Threats
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Recently Approved Budget Plan Favors Wealthy, Slashes Aid to Low-Income Americans
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Oakland Post: Week of March 28 – April 1, 2025
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Business
Is Cheap Gas Pulling the Plug on Electric Cars?
Angie Vorhies leaves her Nissan Leaf electric vehicle charging station as she heads for shopping at a mall Wednesday, Nov. 13, 2013, in San Diego. (AP Photo/Lenny Ignelzi)
(Fortune) – How does the price of gas correlate to electric car sales? One might reasonably assume that the higher gas prices go, the more likely battery-powered vehicles are to appeal to the masses. When gas prices are cheap, on the other hand, interest in electric cars would tend to fade, as the difference in the cost of charging versus fueling up shrinks.
Edmunds is hardly the only auto industry observer to take note of how low gas prices affect car purchases. John Krafcik, the former CEO of Hyundai Motor America and current president of the car-buying website TrueCar.com, explained to NPR, “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. It’s a fairly one-to-one relationship.”
Activism
Oakland Post: Week of April 23 – 29, 2025
The printed Weekly Edition of the Oakland Post: Week of April 23 – 29, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of April 16 – 22, 2025
The printed Weekly Edition of the Oakland Post: Week of April 16 – 22, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
Oakland Post: Week of April 9 – 15, 2025
The printed Weekly Edition of the Oakland Post: Week of April 9 – 15, 2025
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
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