Will electric cars kill petroleum based cars?


The leading oil companies in the world have calculated that few, if any, of today's drivers will see electric cars outnumber gasoline and diesel models in their lifetimes.

The politicians and green lobby groups insist that the future of transport should be electric only. The BP and Exxon have released the statistics points to electric cars making up only 4-5 percent globally in 20-30 years.

Some governments have target of sixty percent market share for electric vehicles over a similar period.

Through battery technology that could give electric cars a cost and performance edge over the internal combustion engine.

The BP predicted that electric vehicles and plug-in hybrids, will make up only 4 percent of the global fleet of 1.6 billion commercial and passenger vehicles in 2030.

If the battery dies in the car plug-in hybrids can take power from the small gasoline engines otherwise it takes from mains.

Exxon Mobil, the leading oil and Gas Company in the world said that the electric vehicles are cost and its price is going higher comparing to petroleum. But petroleum cars won’t increase much till 2030.

In the past couple of years many autoshows headlines have seen that launch of electric cars such as Nissan's Leaf, the Tesla sports car, plug-ins like General Motors' Chevrolet Volt, and the latest incarnation of the Toyota Prius and other manufacturers including BMW, Rolls-Royce and Porsche have presented electric-powered prototypes. On the basis of this, we can trust that one day auto industry will completely run on electric power only rather than petroleum products.