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From: Douglas Grandt answerthecall@me.

com
Subject:S.1460 does not prepare for EV demand driving down demand for oil
Date:October 9, 2017 at 2:21 PM
To:Brian Hughes (Senate ENR Ctee) Brian_Hughes@energy.senate.gov, Angela Becker-Dippmann (Senate ENR Ctee)
Angela_Becker-Dippmann@energy.senate.gov
Cc: Michaeleen Crowell (Sen. Sanders) Michaeleen_Crowell@sanders.senate.gov, Katie Thomas Katie_Thomas@sanders.senate.gov

"The electric vehicle revolution has been supercharged by plummeting lithium-ion prices,
which are half of what they were in 2014. Bloomberg New Energy Finance (BNEF)
forecasts EVs will be as cheap as gasoline cars by 2025 and keep dropping in price until
EVs overtake them in yearly sales, by which time EVs will be displacing 8 million barrels
of oil a day more than Saudi Arabia exports today.

thinkprogress.org/gm-future-is-all-electric-f23130e8f9a1/