Make or break year for eCars as sales surge in US, Europe and China

Battery-powered cars are having a breakthrough moment and will enter the mainstream this year as automakers begin selling electric versions of one of Americans' favourite vehicle type: pickup trucks. But not everyone will benefit. Makers of mufflers, fuel injection systems and other parts could go out of business, leaving many workers jobless. Over time, battery ingredients like lithium, nickel and cobalt could become more sought after than oil. Prices for these materials are already skyrocketing, which could limit sales in the short term by driving up the cost of electric cars.

from Auto-Industry-Economic Times https://ift.tt/TrdNzXK