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Why the Tesla and electric car boom could be good news for the grid

2016-06-18 16:27:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: Earlier this year, breathtaking numbers of pre-orders for the Tesla Model 3 not only shocked the auto industry, but also suggested that a transition of the U.S. and world auto fleet toward electric vehicles could happen faster than expected. There are still only a little more than 400,000 electric vehicles on the road in the U.S., or just 0.16 percent of all cars. But predicted growth rates could have them at more than a third of new car sales globally by 2040, according to Bloomberg New Energy...

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