Anyone paying attention to this would be concerned about the macroeconomics of transportation costs if more or less rapidly an entire continent dramatically reduce their consumption of fossil fuels.
For a period of time the demand of other continents may not be enough to make up for the loss of hundreds of millions of consumers.
It's far from certain that any kind of equilibrium will be sustained, or that it can be sustained.
EV Sales Are Booming in Europe with Gasoline at $10 a Gallon
L: https://www.bloomberg.com/news/articles/2026-09-24/electric-car-sales-soar-52-in-europe-with-fuel-at-record-highs
C: https://news.ycombinator.com/item?id=49870928
posted on 2026.09.27 at 17:15:33 (c=0, p=5)
@vruz although EVs are certainly more popular, there's still going to be petrol/diesel cars on the roads for a few decades yet - here in UK all the affluent/early adopters in the suburbs (with garages and driveways) have been cherry picked, whilst provision of charging facilities for those who can't charge at home have stalled, there's also a lot of rent-seeking and flakiness when it comes to public chargers (you can't even see the price beforehand like a petrol pump).
I have to park my own (petrol) car 50-100m away from my house due to the sheer amount of vehicles on my estate, there's maybe 5-10 EVs in the whole street which is about half a km length (and all the owners have driveways)