With the Oil Industry in Crisis, is it Time for EVs to Shine?: TWC Podcast 262
By Phil Royle — March 19, 2026
With war raging and oil becoming scarce, what does this mean for EV adoption in the short and long term? Is this a tipping point for the EV industry? We ponder several possible outcomes. We also contrast Honda’s EV strategy with Toyota’s, and consider whether Lucid and Rivian matter in a world gone mad.
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SHOW NOTES
National average for diesel tops $5: https://www.cnbc.com/2026/03/17/diesel-gas-oil-price-iran-war-hormuz.html
Car shoppers are paying more attention to EVs as gas prices rise: https://www.edmunds.com/car-news/electrified-vehicle-research-gas-prices-data.html
Honda cancels its three EVs, the 0 SUV, 0 sedan, and Acura RSX EV: https://arstechnica.com/cars/2026/03/facing-heavy-losses-honda-cancels-its-three-us-made-electric-vehicles/
Volvo drops EX30 for the U.S. market: https://www.thedrive.com/news/the-volvo-ex30-is-dead-in-the-us-exclusive
Lucid announces Earth, Cosmos, un-named midsize SUV: https://insideevs.com/news/789809/lucid-cosmos-earth-ev-suv-official/
Rivian announces R2 pricing: https://electrek.co/2026/03/12/rivian-reveals-full-r2-lineup-pricing-rwd-model/
Trump orders restart of Santa Barbara oil pipeline off coast: https://calmatters.org/environment/2026/03/trump-emergency-sable-santa-barbara/
This week’s hosts: Phil Royle and Edward A. Sanchez
Episode art courtesy Lucid Motors
Music courtesy Twisterium at Pixabay
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