I agree it will be a lot sooner. The tipping point is going to start around 2025, when EV's become as cheap as ICE's for the largest autos, and will progress fr

I agree it will be a lot sooner. The tipping point is going to start around 2025, when EV's become as cheap as ICE's for the largest autos, and will progress from there. There are a number of forces pushing the change. For one, EV's are just better, including a much lower operating cost. Secondly, governments are pushing the change because of global climate change, and also because it reduces local pollution, and also having to pay for gas imports for the great majority of countries that produce little or no petroleum. Finally China is pushing EV's hard because it wants to dominate the auto industry. I am sure the Bloomberg New Energy Finance people are quite aware the revolution is going to come much earlier. I think they are pretending it won't because they are under pressure from auto and petroleum advertisers.