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A $5 trillion transition is taking place in the electric vehicle market – Business Insider

Change in the world of wheels is accelerating! Momentum is building and some days it’s hard to keep up.

Every week, the assumptions about the future of transportation, and the energy systems that turn our wheels, are becoming more Jetson-esque.

The excitement is palpable and as a technology junkie I love it. Auto shows are rolling out new electric vehicle (EV) models; China says it’s planning on banning internal combustion engines (ICE); and Daimler is jockeying with Tesla in the budding electric truck segment. In the battery world, lithium prices have reached an all-time high on anticipated demand growth. In tow with all the EV news, there is a trailer full of autonomous vehicle talk that makes me think that 1950s Popular Science articles were real after all.

More www.businessinsider.com/a-5-trillion-transition-is-taking-place-in-the-electric-vehicle-market-2017-9

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