Posted by George111 > 2022-11-26 13:29 | Report Abuse

5 years from now, many wonders how the heck did we so in love with high maintenance ICE cars!
You know, i was the last generation who wore mechanical watch! I tell you, mechanical watch is trash! If you want reliable ones, you have to buy Rolex or something! That's why until today, Rolex became iconic brand! But Rolex has not move on!
Because today, many prefer using smartwatch! Yeah, i even got one! Can check my pulse blood pressure and so on! One thing i like about my new smartwatch, can even count calories and steps i taken from house to 4D outlet!

Posted by George111 > 2022-11-26 13:32 | Report Abuse

LIke the watch, like flat screen tv, like your led lights and so forth, we are moving towards EVs!
Byd will start selling EV in Malaysia next month! I am thinking of replacing my ageing Honda Civic with Byd! I will keep my Isuzu Dmax as backup!

Posted by George111 > 2022-11-26 13:35 | Report Abuse

Global sales of EVs keep hitting new high! Byd is cruising very fast! Already NO.1 EV brand in the world! You have so many options nowadays! But for Malaysia, this development will take sometime! But at some point, you will end up buying EV instead of ICE due to many factors! Eventually EV will be as affordable as ICE car! Mind you, if you have a blackout, your EV can be your backup generator! What a convenience!

Posted by George111 > 2022-11-26 13:37 | Report Abuse

Price of oil is slowly declining! This is due to lower demand from consumers! Many developed countries are switching to EV! Many are using solar panels to charge their EVs!
Eventually, many commercial heavy duty vehicles too will switch to electric! The reason, cheaper maintenance cost!

Posted by George111 > 2022-11-26 13:39 | Report Abuse

I foresee oil price going into usd50 in few months time! Sales of EV will probably surpass ICE by next year!

Posted by George111 > 2022-11-26 13:39 | Report Abuse

Once sales of EV surpass ICE, that will be inflection point of oil price and demand!

Posted by George111 > 2022-11-26 13:40 | Report Abuse

Once that junction is cross, oil exporter countries will become poor!

Posted by George111 > 2022-11-26 13:40 | Report Abuse

Oil industry will go into maturity phase!