tutor2u | Electric cars threaten oil corporations

In the News

Electric cars threaten oil corporations

Graham Watson

19th October 2016

This FT clip looks at the implications of electric cars for the oil industry - what is the nature of the cross price elasticity of demand for electric and petrol-powered vehicles? - and the concerns that Fitch, the ratings agency has for oil companies.

Electric cars threaten oil groups

It's not so much that electric cars are currently a threat, however, they have the potential to be exceptional disruptive, particularly if the cost of running continues to fall. Since 2008, battery costs have fallen by 73%

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

Recommended

Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.