280 million e-bikes are slashing oil demand far more than electric vehicles | E-bikes and scooters displace 4x as much demand for oil as all of the EVs in the world.

I like Lemmy. But I don't like that I've seen this same article about a hundred times this week in every possible community, with multiples in some.

I love this. Big oil is about to become big lithium. 🙃 Capitalism gonna capitalize.

This is the best summary I could come up with:

But it’s more than that—they are actually displacing four times as much demand for oil as all the world’s electric cars at present, due to their staggering uptake in China and other nations where mopeds are a common form of transport.

Their batteries make them heavier than a traditional car and draw heavily on the extraction of rare earth elements.

Smaller electric options like scooters and skateboards also offer a way to overcome the last kilometer problem that plagues public transport systems.

A study of e-scooter riders in the United Kingdom found these trips produced up to 45 percent less carbon dioxide than alternatives.

Global oil demand is now projected to peak in 2028 at 105.7 million barrels per day—and then begin to fall, according to the International Energy Agency.

If you live in an outer suburb or regional towns, you may find the longer range and larger capacity of an electric car is better suited.

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