Electric cars will come of age in 2018 | Oil Markets could be wrecked – 2 videos

The Economist – October 18, 2017

Electric cars will come of age in 2018 | The Economist

Electric cars will come of age in 2018. For the first time they will compete in price and performance with petrol and diesel cars. But in the year ahead we will also be confronted with some uncomfortable truths about going electric.

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Electric Cars Could Wreak Havoc on Oil Markets Within a Decade  

Bloomberg – February 24, 2016

There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. OPEC contends that even in the year 2040, EVs will make up just one percent. But don’t be so sure. By 2020, some electric cars and SUVs will be faster, safer, cheaper, and more convenient than their gasoline counterparts. What if people just stop buying oil? In the first episode of our animated series, Sooner Than You Think, Bloomberg’s Tom Randall does the math on when oil markets might be headed for the big crash.

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