Battery-Electric Cars, Less Than Meets the Eye

If you listen to the mainstream-media, you’ve certainly heard that a surge in battery-electric cars will transform the automobile industry and even hasten the arrival of “peak oil demand”.  But what does the data really tell us?  What are the implications for fossil fuel consumption, electric car manufacturers, and consumers?  Why should we care?  We’ll explain.

As highlighted recently in the Financial Times, the number of passenger vehicles is expected to climb by roughly 65 pe.....