By any definition, the global electric vehicle (EV) industry appears to be at an inflection point. In fact, UBS, a large securities firm, believes that significant change is on the way and predicts that a growing global electric vehicle fleet will be disruptive to gasoline demand by 2031.
Since EVs first came on the scene earlier in this decade, the two main impediments to their growth have been their high sticker prices and the lack of a charging infrastructure.
