What Higher Oil Prices Mean for Nissan, EVs and Auto Demand | WSJ
The Wall Street Journal • 2026-04-14T16:00:03Z • 6:27:00 • intermediate • Business
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As oil prices rise, the automotive industry faces new challenges and opportunities. Discover how Nissan is navigating these turbulent waters and what it means for the future of electric vehicles (EVs) and auto demand.
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Vocabulary
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resiliency
/rɪˈzɪljənsi/
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Definition
The ability to recover quickly from difficulties; toughness.
Example
Building resiliency in the business allows it to adapt to market changes.
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diversify
/daɪˈvɜrsɪˌfaɪ/
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Definition
To make or become more varied or diverse.
Example
The company decided to diversify its product line to attract a wider customer base.
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autonomous
/ɔːˈtɒnəməs/
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Definition
Having the ability to operate independently without human intervention.
Example
The development of autonomous vehicles is revolutionizing the transportation industry.
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collaborating
/kəˈlæbəˌreɪtɪŋ/
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Definition
Working jointly with others, especially in an intellectual endeavor.
Example
The two companies are collaborating to create innovative electric vehicle technologies.
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implication
/ˌɪmplɪˈkeɪʃən/
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Definition
A conclusion that can be drawn from something, although it is not explicitly stated.
Example
The implications of rising oil prices could affect the entire automotive industry.
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tariffs
/ˈtærɪfs/
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Definition
Taxes imposed by a government on imported goods.
Example
The new tariffs on imported vehicles have made it more challenging for foreign manufacturers.
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