The coal era could be said to be officially over in the United States.
EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
Although the energy price recovered this week, ultra low levels driven by bumper solar power generation on a sunny weekend in Germany reportedly put further pressure on the business case for conventional energy.
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