The 2020s Could Be the Decade When Electric Cars Take Over

Electric vehicles will become a more economical option than internal-combustion cars in most countries by sometime next decade, claims a new report by energy data analytics firm Bloomberg New Energy Finance (BNEF).

The reality, though, is that it’s highly uncertain if or when EVs will start gaining significant market share. That’s in part because it may not be so predictable how the costs of energy technologies will fall, and it’s hard to forecast what will happen to oil prices either.

by Mike Orcutt

Full Story: https://www.technologyreview.com/s/600910/the-2020s-could-be-the-decade-when-electric-cars-take-over/#/set/id/600902/