The purpose of this Infographic is to debunk the common misconception that a switch to Electric Vehicles will hugely increase demand for electricity.
This Infographic breaks down and depicts the data that it won't, and in turn, Electric Vehicles will not save Coal as many suggest is might.
The resulting effect is that Oil has far more to lose than the electricity sector has to gain
Read on to learn more:
You can find the referenced research at Fueleconomy, and eia
Stay tuned for a follow-up article soon taking a detailed look at costs and penetration rates of Electric Vehicles
Damien has a wealth of experience across international equities (Schroders), asset allocation (Wilson HTM) and he helped create one of Australia’s largest independent research firm, Aegis Equities. He lectured for over a decade at the Securities Institute, Finsia and Kaplan and spent many of those years as the external Chair for the subject of Industrial Equity Analysis. Damien runs the investment side of Nucleus Wealth, selecting stocks suggested by analysts and implementing the asset allocation. Damien started Nucleus Wealth after 20+ years in financial markets. He wanted to come up with an investment solution for ordinary investors that delivers the same types of personalised investment portfolios high net worth investors use.
