As of the end of 2016, two million electric vehicles (EVs) had hit the roads globally, or according to the IEA 0.2% of all passenger cars. Auto manufacturers have invested substantial capital into EV technology, betting EVs are the future of the transportation. Tesla, the leading manufacturer of EVs, have showcased to the world the potential of EVs. The introduction of the Model 3, and other manufacturers releases at competitive price points, EVs are set to disrupt the global

How fast that revolution will unfold is the source of much dispute and uncertainty. And it matters a great deal to oil demand, electricity demand, greenhouse gas emissions, air pollution, and global trade flows. In many ways, questions around EVs parallel questions around renewable energy. They have both been consistently underestimated. If they continue beating expectations, revolution is nigh. But there’s also a lot of hype, wildly conflicting projections, and plenty of ris