Here’s How Electric Cars Will Cause the Next Oil Crisis
March 1st, 2016
Via: Bloomberg:
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real mass-market liftoff for electric cars.
More: Another Oil Crash Is Coming, and There May Be No Recovery
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