General Discussion

Long term demand is being destroyed, and once destroyed will never come back. Each EV bought (new or used) means about 500-800 gallons of gasoline not burned in a year. Last year the world bought 20 million EVs, so 1 BILLION gallons of gasoline/diesel demand vanished. EV adoption outside the US is accelerating. Wind/Solar generation exceeded coal last year.

As to Class 8 trucks, yes, you don't see many in this country, but the story is quite different elsewhere. Also, they are being adopted for heavy mining and construction. Heavy electric vehicles can work quietly, without exhaust poisoning the air. Aircraft carriers and submarines are electric vehicles and have lots of batteries, with difference is they draw power from a nuclear reactor. Electric aviation is in the early stages. Electric ferries are popping up in Europe. Hybrid cargo ships are under construction.

Each year, batteries get better, cleaner, cheaper, and safer.

The future economic powerhouse will be an electrostate, not a petrostate.