Environment

Diesel demand drops while commercial EV, electric semi markets grow

In this special vacation episode of Quick Charge, we explore the historic dive in global diesel demand, and whether it’s being caused inflation and a slowing economy or the rapid rise in EV sales displacing millions of gallons of oil demand.

In this episode, we’ll focus on the rapid growth of the commercial EV market as one of the leading contributors to the global drop in diesel demand, coming perilously close to asking the question: has peak oil come and gone?

Give it a watch, then let us know what you think of the role EVs are playing the diesel demand drop in the comments.

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