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World EV Sales Now Equal 18% Of World Auto Sales
(cleantechnica.com)
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this post was submitted on 08 Oct 2023
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Demand does change the price. You can see the price drop during economic downturns. Supply and demand are two sides of a single equation. It simply doesn’t make sense to say that only one impacts prices.
Prices had been dropping recently despite KSA reducing supply, until the attacks in Israel that is.