Bloomberg Business Week revealed their latest report predicting significant adoption of Electric Vehicles soon.

The Bloomberg New Energy Finance forecast (CLICK HERE) says adoption of emission-free vehicles will happen more quickly than previously estimated because the cost of building cars is falling so fast. The seismic shift will see cars with a plug account for a third of the global auto fleet by 2040 and displace about 8 million barrels a day of oil production—more than the 7 million barrels Saudi Arabia exports today.

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