Investors appear convinced that electric vehicles are the future. With EV penetration expected to explode, it’s worth asking: Is there as enough electricity generating capacity around the globe to meet growing demand?
The short answer is yes. That’s the good news. The world has 8,000 gigawatts of installed electricity generation capacity, according to the International Energy Agency. In theory, if the capacity ran 24-7 it could generate 69 million gigawatt hours of electricity annually.
The…
