#UBS Evidence Lab

What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric? It’s obviously a thought experiment, since right now EVs have close to just 1% market share worldwide. We’re still years away from EVs even hitting double-digit demand on a global

According to conventional wisdom, or at least logic, the less income one has the more likely they would be to lie on a loan application due to disproportionate and non-scaled needs to obtain capital as well as the willingness - statistically speaking - to do so at any cost, even if it means lying.