Goldman Sachs Predicts Drastic Rise In Power Demand Due To EVs ...Middle East

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Goldman Sachs Predicts Drastic Rise In Power Demand Due To EVs
While many are quick to crow about the "Earth-saving" benefits of electric vehicles, few have looked at the incremental demand in power necessary to meet the growing demand of the "green" vehicles. Furthermore, even fewer have looked at who could stand to benefit from the increased demand. In a new note called "The Future of Energy Demand" out this week, Goldman Sachs looked at both of these points.  The note states that battery electric vehicles and plug in hybrid electric vehicles are only about 1% of the current automotive fleet, but that…

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