The Electric Car

“Gas stations are not massively profitable businesses. When 10% of the vehicles on the road are electric many of them will go out of business.  This will immediately make driving a gasoline powered car more inconvenient.  When that happens even more gasoline car owners will be convinced to switch and so on.  Rapidly a tipping point will be reached, at which point finding a convenient gas station will be nearly impossible and owning a gasoline powered car will positively suck.  Then, there will be a rush to electric cars not seen since, well, the rush to buy smartphones.”

From a blog post by Geoff Ralston