I post a link to a recent Bloomberg article (good) which posits...

I post a link to a recent Bloomberg article (good) which posits that Electric cars are coming sooner and better than is generally thought.

While the thrust of the article relates to Oil, it will interest many of us here relating to the quantity and quality of our assets. Imo, down the road, we will see an 'arms race' marketing war relating to battery capabilities and performance that mimics the horsepower, smoothness, economy stories of V8, 12, turbo, supercharger etc, that will elevate the humble 'battery'

''
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.


http://www.bloomberg.com/news/videos/2016-02-24/the-peak-oil-myth-and-the-rise-of-the-electric-car

Hope it's of interest.