Electric Vehicles : An unstoppable transition or just an oil price reaction?

The conflict in Iran and the blockage of the Strait of Hormuz has unsurprisingly caused a global oil price crisis and a spike in interest in electric vehicles. But is the higher cost of diesel and gasoline really the only factor in the electric transition? A new report says no - it's much more complex and nuanced than that. And the transition was probably already primed and ready to accelerate anyway. Help support this channel's independence at http://www.patreon.com/justhaveathink Or with a donation via Paypal by clicking here https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GWR73EHXGJMAE&source=url You can also help keep my brain ticking over during the long hours of research and editing via the nice folks at BuyMeACoffee.com https://www.buymeacoffee.com/justhaveathink Reference Links Main research paper - The economics of the electric vehicle transition: demand, supply chains, and innovation - Viet-Nguyen, Eliott and Harper https://cep.lse.ac.uk/pubs/download/dp2164.pdf Recent Michael Barnard article https://cleantechnica.com/2026/01/22/the-assumptions-that-broke-china-india-and-the-end-of-fossil-growth-models/ Business Standard analysis https://www.business-standard.com/world-news/china-electric-trucks-diesel-demand-outlook-ev-shift-iea-rystad-sci-125112500784_1.html Recent article from The Driven website https://thedriven.io/2026/02/10/how-battery-powered-truck-trailers-can-cut-diesel-use-by-up-to-50-pct/ Check out other YouTube Climate Communicators Simon Clark: youtube.com/user/SimonOxfPhys ClimateTown: youtube.com/channel/UCuVLG9pThvBABcYCm7pkNkA Dr Gilbz youtube.com/@DrGilbz zentouro: youtube.com/user/zentouro Climate Adam: youtube.com/user/ClimateAdam Kurtis Baute: youtube.com/user/ScopeofScience Sarah Karvner: youtube.com/channel/UCRwMkTu8sCwOOD6_7QYrZnw Beckisphere: https://www.youtube.com/channel/UCT39HQq5eDKonaUV8ujiBCQ Our Changing Climate : https://www.youtube.com/channel/UCNXvxXpDJXp-mZu3pFMzYHQ