Joe Capitalist
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Sure EVs Are Nice, But E-Bikes Are Slashing Oil Demand By A Million Barrels A Day
https://apple.news/AnlpEXzmaSaepQ7tyEipqDA
Sales of electric vehicles are on track to hit a million cars this year for the first time, which is helping cut down fossil fuel usage across America. However, the amount being saved by our slow and steady switch to EVs pales in comparison to the amount of fossil fuels being burned by people making the switch to electric bikes and scooters.
More than 280 million electric bikes and scooters are now in use around the world, reports the Conversation. In fact, there’s now more than ten times as many e-bikes and scooters on the road than four-wheeled EVs like cars, buses and trucks. As the Conversation reports:
But these numbers of four or more wheel vehicles are wholly eclipsed by two- and three-wheelers. There were over 280 million electric mopeds, scooters, motorcycles and three-wheelers on the road last year. Their sheer popularity is already cutting demand for oil by a million barrels of oil a day – about 1% of the world’s total oil demand, according to estimates by Bloomberg New Energy Finance.
Electric bikes and scooters are favored in places like India and China, where many travelers previously relied on gas-powered mopeds and motorbikes to get around town. Now, they are switching to electric models to replace journeys like trips to the shops or work, and delivery riders around the world are also switching to battery power to cut their gas bills.
https://apple.news/AnlpEXzmaSaepQ7tyEipqDA
Sales of electric vehicles are on track to hit a million cars this year for the first time, which is helping cut down fossil fuel usage across America. However, the amount being saved by our slow and steady switch to EVs pales in comparison to the amount of fossil fuels being burned by people making the switch to electric bikes and scooters.
More than 280 million electric bikes and scooters are now in use around the world, reports the Conversation. In fact, there’s now more than ten times as many e-bikes and scooters on the road than four-wheeled EVs like cars, buses and trucks. As the Conversation reports:
But these numbers of four or more wheel vehicles are wholly eclipsed by two- and three-wheelers. There were over 280 million electric mopeds, scooters, motorcycles and three-wheelers on the road last year. Their sheer popularity is already cutting demand for oil by a million barrels of oil a day – about 1% of the world’s total oil demand, according to estimates by Bloomberg New Energy Finance.
Electric bikes and scooters are favored in places like India and China, where many travelers previously relied on gas-powered mopeds and motorbikes to get around town. Now, they are switching to electric models to replace journeys like trips to the shops or work, and delivery riders around the world are also switching to battery power to cut their gas bills.
