While electric vehicles only make up for a tiny percentage of total vehicles manufactured, its popularity is soaring. This is no surprise given the inherent advantages of electric vehicles. Here is a graph illustrating electric vehicle growth over the past six years (Image: Clean Technica)

The Electrification Of The Transportation Industry And Its Implications

Summary Petroleum has been the main transportation fuel for over a century, which has spawned one of the largest industries as a result. Despite petroleum’s pervasive influence on society, the energy industry may be changing irrevocably with the rapid electrification of transportation. The shift toward electric transport will likely happen faster than most anticipate given