Electric Cars Need More Than Fans

10 Jul 2017   Electric Cars

Last year, the Organization of the Petroleum Exporting Countries conveniently predicted that in 2040, electric vehicles would make up just 6.7% of the car fleet. The owners of four-fifths of proven oil reserves also said the number of cars on the road would double. Right now, electric cars make up about 1% of sales in the U.S., Europe and China, though growing rapidly. But this week brought news from two quarters with the ability to shape that future in a way that OPEC can’t: a mainstream auto manufacturer and a major…

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