I would invest in oil companies if I were you. There are certainly going to be bottlenecks during the switchover since network capacity can't be increased sufficiently fast enough to accommodate all those BEV's.
The switchover is, however, unstoppable. Even though no one has asked themselves if this will save the environment (it won't). I've roughly calculated that we can half our oil usage if we all switch over to electric vehicles. But that's far from what's needed to save the world from climate change.
I also predict that BEV's will eventually be a lot cheaper than ICE cars. This will in itself have profound consequences since more people will want to use the road network and congestion is already a problem today.
The switchover is, however, unstoppable. Even though no one has asked themselves if this will save the environment (it won't). I've roughly calculated that we can half our oil usage if we all switch over to electric vehicles. But that's far from what's needed to save the world from climate change.
I also predict that BEV's will eventually be a lot cheaper than ICE cars. This will in itself have profound consequences since more people will want to use the road network and congestion is already a problem today.