--- title: "Ross Gerber Says EVs Can Reduce Oil Dependence, Emissions and Global Conflicts: 'Say No To War Over Oil'" type: "News" locale: "en" url: "https://longbridge.com/en/news/293116339.md" description: "Investor Ross Gerber advocates for electric vehicle adoption, arguing it reduces oil dependence, emissions, and geopolitical conflicts. While Gerber promotes EVs as a win-win for consumers and the world, the market faces challenges including policy shifts, declining North American sales, and restrictive dealership laws. Executives from Rivian, Lucid, and Ford highlight barriers to direct sales and predict near-term slowdowns in pure EV adoption, though demand may grow for affordable models." datetime: "2026-07-19T03:57:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293116339.md) - [en](https://longbridge.com/en/news/293116339.md) - [zh-HK](https://longbridge.com/zh-HK/news/293116339.md) --- # Ross Gerber Says EVs Can Reduce Oil Dependence, Emissions and Global Conflicts: 'Say No To War Over Oil' On Saturday, investor **Ross Gerber** renewed his support for electric vehicles, arguing that Global electric vehicle (EV) adoption could help reduce oil dependence, lower emissions and reshape the future of global transportation. ## **Gerber Pushes Electric Vehicle Adoption** Gerber shared his views on electric vehicles in a post on **X**, encouraging consumers to move away from traditional gasoline-powered cars. "Say no to oil. Say no to war over oil. Say no to emissions. Say YES to an EV!" he wrote. He argued that switching to electric vehicles could benefit consumers while addressing broader environmental and geopolitical concerns. "We all win. You save money, get a better car and the world is a little better off!" Gerber added. > Say no to oil. Say no to war over oil. Say no to emissions. Say YES to an EV! We all win. You save money, get a better car and the world is a little better off! > > — Ross Gerber (@GerberKawasaki) July 18, 2026 **Read Also: Goldman Sachs Has A New Warning For Oil Bulls: EV Adoption Is Accelerating Fast** ## **EV Market Faces Growth, Policy And Adoption Challenges** Earlier, EV sales reached 2 million units in June 2026, rising 11% from May, as strong European demand offset weakness in China and the U.S., according to Benchmark Intelligence data cited by Electrek. Europe recorded 530,000 EV sales in June, up 31% year over year, while North American sales declined 20% in the first half of 2026, partly due to the expiration of the $7,500 federal EV tax credit and policy shifts favoring gasoline vehicles. Meanwhile, executives from **Rivian Automotive Inc.** (NASDAQ:RIVN) and **Lucid Group Inc.** (NASDAQ:LCID) said state franchise dealership laws were creating barriers to EV adoption by limiting direct sales and customer education. Rivian’s Beau Whitman called the rules "restrictive," "complicated," and "convoluted," while Lucid’s Daniel Witt said they created challenges for sales teams. **Ford Motor Co.** (NYSE:F)  CEO **Jim Farley** also warned that U.S. EV adoption could slow in the near term, predicting EVs would represent about 5% of the market as consumers shifted toward hybrids and ICE vehicles. However, he said demand could grow for affordable EVs and highlighted Ford’s Universal EV platform, which will support future sub-$30,000 models. **_Disclaimer_:** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ **Read Also: Ross Gerber Says Chip Sell Off 'a Gift' for Those That Want to Retire Even as SK Hynix US Debut Nears: 'Captured by Very Short-Term Thinking'** _Photo courtesy: Natee Meepian On Shutterstock_ ### Related Stocks - [RIVN.US](https://longbridge.com/en/quote/RIVN.US.md) - [F.US](https://longbridge.com/en/quote/F.US.md) - [F-C.US](https://longbridge.com/en/quote/F-C.US.md) - [LCID.US](https://longbridge.com/en/quote/LCID.US.md) - [F-D.US](https://longbridge.com/en/quote/F-D.US.md) - [F-B.US](https://longbridge.com/en/quote/F-B.US.md) - [FRDU.US](https://longbridge.com/en/quote/FRDU.US.md) - [LCIZ.US](https://longbridge.com/en/quote/LCIZ.US.md) - [LCDL.US](https://longbridge.com/en/quote/LCDL.US.md) - [FRDD.US](https://longbridge.com/en/quote/FRDD.US.md) - [RVNL.US](https://longbridge.com/en/quote/RVNL.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Ford Q2 Preview: Stock Outshines Tesla, GM in 2026 — Can Earnings Fuel the Trend?](https://longbridge.com/en/news/293968449.md) - [Saudi prince buys 5% stake in Lucid Motors](https://longbridge.com/en/news/294098046.md) - [Ford Motor is set to report earnings after the bell. 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