The problem isn't necessarily that they are in the same league, for the same reasons. Oil companies don't like electric cars for obvious reasons. Car companie

The problem isn't necessarily that they are in the same league, for the same reasons. Oil companies don't like electric cars for obvious reasons. Car companies on the other hand have a different reasons: electric cars hardly require maintenance, and a large part of the money car companies make is by selling replacement parts. Car makers were perfectly happy with the current situation, and the new-one threatens part of their business model, and nobody likes to switch from a working proven business model to a new-one. However, the difference between car companies and the oil industry is that the latter cannot adapt to this new situation. Car makers could just postpone introducing pure electric cars, or introduce even more complex 'hybrid' solutions under the pretense of being environmentally-friendly, while selling even more replacement parts and maintenance - which in my opinion was always silly. They could hold the boat off as long as nobody else tried to make a real production-ready electric car. So it's no surprise that it was a new-comer to the market that made it first. Suddenly, a lot of car manufacturers jumped the electric train: Renault, Nissan, BMW, Mercedes, ... You really think none of them thought of making an electric car before? GM did, just check out the "who killed the electric car" documentary. I don't believe for a second not every single car maker saw what was inevitably coming, but why kill the goose that lays golden eggs? It would be really hard to explain that to shareholders at a time when the industry is going through a very harsh period.