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Joined 2 months ago
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Cake day: February 27th, 2026

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  • There are some indirekt, but significant points.

    • EVs can use electricity to make fuels redundant
    • Electricity can be used to create artificial fuels, which can be used for regular vehicles
    • Regarding the transportation market, fossil fuels and electricity are in direkt competition for the cash of the consumers. For years, fossil fuel prices could climb as much as they like - there was hardly any alternative. Today however, FF can only get more expensive until people start switching to EVs. More EVs = more market pressure on FF prices due to reduced demand.
    • Less exposure to geopolitical crises. FF prices react strongly to wars, production cuts, international tensions, etc. An energy system with a high share of renewable energy is more resilient. It reduces the risk of extreme energy price shocks, which often also drive up fuel prices.