On Electric Cars
October, 2016
ON ELECTRIC CARSTHE RABBIT HOLEBEN SCHOTT-ACCELERATION-The global stock of electric vehicles (EVs) accelerated from 12,000 in 2010 to 1.2 million in 2015 and is estimated to hit 13 million by 2020. China alone accounted for 40 percent of 2015 sales.Bloomberg predicts that by 2040 long-range electric cars will cost less than $22,000 (in today’s money), and 35 percent of new cars sold worldwide will come with a plug.-FORMULA E-Formula E—the electric-vehicle equivalent of Formula One—was created in...
