(Bloomberg) -- From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the electrification of China’s transport fleet — and the demise of gasoline — are everywhere.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasNow, according to official s
Ah yes, the graph shows the demand of gas increasing from 2022 to 2024 despite EV’s becoming exceptionally cheap there in the last couple years, therefore the demand for gas will completely crash in the next couple of years, great projection.
Not really though. The trend line would be flat or nearly flat on that graph up to 2024. And the rest is just a visual depiction of the IEA’s prediction. Which is still pretty conservative.