Report: Electric cars could trim gas consumption by 20 percent

Electric cars will presumably reduce gasoline consumption in the US by five percent within the next two decades, projects Wood MacKenzie in a new report. The reduction could be even bigger if Tesla and others can lower prices as well.
Tesla, headed by Elon Musk (photo), is the world's leading manufacturer of electric cars. | Photo: /ritzau/AP/Mark Lennihan
Tesla, headed by Elon Musk (photo), is the world's leading manufacturer of electric cars. | Photo: /ritzau/AP/Mark Lennihan
BY NIKLAS KRIGSLUND

Many signs point to gas consumption in the US going downhill when more electric cars hit the market in upcoming decades.

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