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BK

Are EV manufacturers scared

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If oil were to remain low priced long-term, is this a major worry for EV companies? What if it stays at $30? $40? Will EV development continue? Sure is a big puzzle!

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Probably not too worried (especially when you factor in what the next-gen batteries will be capable of), oil is going to be low in the near term but will become very volatile in the longer term due to all the production destruction currently taking place.  The price of fuel is going to be all over the place in the next ten years, but I would bet the price of electricity is going to be stable or slowly decreasing... -> https://www.thedrive.com/news/24242/tesla-shows-off-model-3-drive-unit-after-one-million-miles-of-driving

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