NEWS

Stanford University economist predicts demise of fossil fuel cars

Updated: June 26, 2017 at 3:55 pm EST  See Comments

Production of cars powered by fossil fuel will diminish and will be replaced by electric vehicles in the coming eight years as the entire market of land transportation switches to electrification.

These are the predictions of Professor Tony Seba, an economist with Stanford University, which he included in a report titled “Rethinking Transportation 2020-2030.” The report has gone viral among green energy advocates, causing anxiety in the established industries.


The remainder of this article is available in its entirety at Arab News

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