The Electric Vehicles are Coming — Global Sales Likely to Exceed 1 Million During 2017
Electric vehicle (EV) performance has been improving so quickly and prices have been falling so fast that the internal combustion engine (ICE) wouldn’t be able to compete for much longer. You will soon be able to get Porsche performance for Buick prices and when you get that, neither Porsche nor Buick are able to compete. — Tony Seba
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We talk a lot here about tipping points. Often this is in the negative sense when it comes to climate change. But when it comes to electrical vehicles, which is one of the key renewable energy technologies that has the capacity to mitigate climate harms, it appears that the world is rapidly approaching a much more positive kind of economic tipping point.
Steadily, markets are opening up to a new wave of far more capable electric vehicles. And this is good news — because the combination of wind + solar +…
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