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Originally Posted by Erick Estrada
LOL I almost stopped reading right there as that article is click bait as this guy is on crack. We are only a few years from 2020 right now EV's account for 1% of all new car sales. Bloomberg estimates EV will account for 35% of new cars sales 2040 which is more realistic;
http://www.greencarreports.com/news/...energy-analyst |
So you decide what's more realistic based on what you think is more realistic?
Your own source, bloomberg, additionally reports a displacement of 2 million barrels by 2023, which equals the glut causing the 2014 crisis. Thats 6 years away. You can waive your hands saying it isn't happening, but that doesn't make it so.
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Last year EV sales grew by about 60 percent worldwide. That’s an interesting number, because it’s also roughly the annual growth rate that Tesla forecasts for sales through 2020, and it’s the same growth rate that helped the Ford Model T cruise past the horse and buggy in the 1910s. For comparison, solar panels are following a similar curve at around 50 percent growth each year, while LED light-bulb sales are soaring by about 140 percent each year.
Yesterday, on the first episode of Bloomberg’s new animated series Sooner Than You Think, we calculated the effect of continued 60 percent growth. We found that electric vehicles could displace oil demand of 2 million barrels a day as early as 2023. That would create a glut of oil equivalent to what triggered the 2014 oil crisis.
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https://www.bloomberg.com/features/2016-ev-oil-crisis/
