Big Oil Betting On Electric Vehicles
Green Car Congress
MAY 3, 2017
Like hydrogen fuel cell vehicles, electric vehicles have major walls to climb to find mass adoption in vehicle sales and infrastructure. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle. Electric cars only make up about 1 percent of global vehicle sales, so making it to 30 percent in the short-term future would be a huge leap. Electric (Battery) Forecasts Oilby Jon LeSage for Oilprice.com.