Did Electric Vehicles Hit a Tipping Point Last Week?

Did Electric Vehicles Hit a Tipping Point Last Week?

Have electric cars finally hit a tipping point? Are they now inevitable? 

The last week has seen some very big electric-vehicle announcements from some very big auto-industry players, mostly around the International Motor Show in Frankfurt, Germany. Some of those announcements were probably motivated by the aftermath of Volkswagen's diesel-emissions cheating scandal, a hot topic in Germany at the moment.

But there are good reasons to think that electric vehicles finally have momentum, that more automakers will announce broader commitments to electric vehicles in the coming weeks, and that the long-awaited shift toward electric vehicles is finally underway. 

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Source: Fool.com