The electric vehicle that came out in 1996 has the advantages of low environmental protection and energy saving that cannot be compared with fuel vehicles, hybrid vehicles and hydrogen fuel cell vehicles.
As the number one consumer of gasoline, the United States owns the world's top oil giants such as Exxon Mobil, Chevron Texaco and ConocoPhillips, which play a pivotal role in the entire economy and society. If everyone buys electric vehicles, it will save more than 100 billion gallons of gasoline every year, and it will affect the whole body. The reduction in gasoline demand will directly affect many related industries. Obviously, this is the oil industry and the Bush administration do not want to see to the fact. The oil oligarchs have already deeply penetrated into the political and economic life of the United States, and the President Bush family and top legislators are inextricably linked with oil. Therefore, although GM has mastered the world's leading electric vehicle technology, it finally gave up plan for continued development
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