Goldman Sachs research: Electric Vehicle Boom.
What if EV adoption shifts to hyper mode?
From the report (Sept 2017)
Although the internal combustion engine (ICE) is entering its twilight years, we think the decline could be stead-ier and shallower in the near term relative to consensus, with electric vehicles (EVs) accounting for just 8% of global auto sales by 2030.That’s below industry expectations of 10%-20%. Further out, we’re more bullish.