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China, India plans for electric cars threaten to cut gasoline demand

by Futures Centre, May 18
1 minute read

China, India plans for electric cars threaten to cut gasoline demand

SINGAPORE/KUALA LUMPUR Demand for gasoline in Asia may peak much earlier than expected as millions of people in China and India buy electric vehicles over the next decade, threatening wrenching change for the oil industry, oil and auto company executives warned.

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