Some believe the ban on gas in China could come as soon as 2030 and the impact of the electric car on the country's oil giants will be monumental.
Though the auto industry, as well as other areas, is about to face significant disruption and turmoil, electric cars create a much-needed win for buyers.
The Economist features a gas engine on its recent cover and refers to it as roadkill. The days of the ICE are numbered and Tesla leads the transformation.
According to Formula E's CEO, the "oil lobby couldn't kill electric car if they tried."
President Obama to Urge Congress to Divert $2 Billion in Oil Funds Over to Advanced Vehicle Technology
Later today, President Barack Obama will urge Congress to approve $2 billion in funding for advanced vehicle technologies. But where's this money to come...