OPEC quintupled their forecast of EV dominance in the last year alone, and BNEF estimates that by 2040, the sales of electric vehicles will supplant those of the gas/diesel variant. They spew numbers, citing that EVs and hybrids account for 2 million units in an inventory of 1 billion cars. As you can probably tell, we’ve tried our best to fight back with the same statistics-driven mindset, but big oil companies remain steadfast in their predictions. The long-term success of electric vehicles is highly dependent on several other frameworks like the progressive legislation of governments and the hurried transition of manufacturers from their oil-obsessed mindset. Clearly, we are headed for profound change – oil companies and their strong proponents don’t deny it – it’s simple a matter of when.

Source: Huffington Post September 28, 2017 18:56 UTC