Vermilion Energy Inc. T.VET

The perceived threat of EVs

[prested]

A couple of interesting things made me question the significance of EVs and the future of O&G.
   One article pointed out that many EVs have their charge up nozzle on the drivers side of the car! Meaning the cord would not reach round the car.
  The other was the guy in London who ran out of power in a lulti-levelparking garage and as a result there was a 2 hour delay in getting all the cars out. Turns out the guage that tells you how much power you have left is subject to huge inaccuracies depending upon whether you have the heater or AC on and a variety of other factors.
    So what? The US and CAnada are vast countries where, unlike Europe, we need to drive long distances on a regular basis. Ergo, electric cars wont cut it for us.
   I realise EVs are not the sole reason for O&G prices, but if it is a factor, it is one that has not been clearly examined.

[navajojoe]

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[Pandora]

Received but not fact checked. How many of these countries were represented at COP-26 in Glasgow where Canada had the highest number of delegates? Japan and China both increasing their coal plants by 50%. Philippines increasing theirs by 300%. I guess that could be good for Canada's coal exports - unless Ottawa is cutting those off as well. On this note of what others in the world are doing

[Ebankbank]

I would like to know where you got you info from ? 

[mnztr]

Why would the these poor people buy gasoline cars when the fuel is 6x the cost of electric? The stupidity of the concept beggers the mind. In china there is already a super cheap electric car selling like hotcakes. It costs 4K....man you are dumb.

[navajojoe]

This post has been removed in accordance with Community Policy

[mnztr]

Why would I do that since I can afford a much better electric car right here? BTW China will EXPORT these, do you know what EXPORT means mouth breather?

[Pandora]

Not sure of the date on this. Could be as far back as 2017? How electric vehicles could take a bite out of the oil market   Sales of electric vehicles are growing fast, especially in Europe. Sopotnicki/Shutterstock.com By Amy Myers Jaffe, University of California, Davis and Lewis Fulton, University of California, Davis When will cars powered by gas-guzzling internal