Low-speed electric vehicles — ultra-affordable electric cars about the size of a golf cart — are taking off in China and could disrupt gasoline markets in the coming years, according to Rice University analysis. As demand for the cheap and sustainable vehicles grows in China, gasoline demand in the country could fall sharply, according to economic analysis by Gabriel Collins, a fellow in energy and environmental affairs at Rice's Baker Institute. At the estimated size of China's low-speed electric vehicle fleet today, the potential fuel demand displacement could exceed 60,000 barrels per day of gasoline, which is 2 ... (full story)