this post was submitted on 16 Mar 2024
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Stranded assets: Chinese fossil car production plunges amid surging EV demand (thedriven.io)
submitted 1 year ago by schizoidman@lemmy.ml to c/futurology@futurology.today
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cross-posted from: https://lemmy.ml/post/13231268

Stranded assets: Chinese fossil car production plunges amid surging EV demand

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[–] riskable@programming.dev 3 points 1 year ago

The fossil fuel dominoes will fall when the threshold is reached where enough people own electric cars in a given area that gas stations are no longer profitable/viable. Then the "production plunges" will make this one look minor in comparison.