With the rising price of oil, some countries use microorganisms to ferment sugar cane, sugar beet and cassava into alcohol to replace oil. This alcohol has the characteristics of complete combustion, high efficiency and no pollution. It can be used to dilute gasoline to obtain ethanol gasoline. For example, Brazil has refitted dozens of cars to use ethanol gasoline or alcohol as fuel, greatly reducing air pollution.
Rising fuel prices affect the automotive industry is correct according to the above.