Future of Electric cars and their demand in 2020

Recently, Saudi Arabia and Venezuela increased the oil prices due to which the whole world suffered a lot, this huge rise in prices affected the overall financial position of the countries thus it's the perfect time to switch the dependency from oil to electric things, recently Tesla has manufactured some of the finest electric cars which would blow your mind.

More than 80% of the oil consumption is through vehicles such as; cars, bikes, buses and other vehicles, therefore, going electric will save the 80% consumption plus save the earth from air pollution. Moreover, electric cars save your money as compared to oil

Example;
If electricity costs $0.11 per kW
The vehicle will consume 34 kWh to travel 100 miles
Per mile: $0.04

The above example is to show the average distance that a normal car can do at a particular speed, compared to oil prices it is very cheap. We have searched online to provide you a list of some of the https://geekyegg.com/best-tesla-electric-cars/ which are very cheap in price, Do you know that Tesla is the best electric cars producing company worldwide who took down several financial turmoils and finally created the best electric cars in the world. They are also producing sports electric cars, you can check out the list here.

This is definitely the best strategy if electric cars go global because a common person is really panic from oil prices, when we wake up we see a fluctuation in prices and most of the times, price is increased. Electric cars the best solution to diminish the monopoly of oil companies.