Abstract :
Rising energy prices, concerns about climate change, and growing political implications in providing reliable access to petroleum has reignited the quest for electrified transportation around the globe. Considering the fact that over 77 million land vehicles were manufactured in 2010 alone, the transformation to an all-electric automotive industry, or even a more realistic 10% electrification by the year 2020, will have a profound impact on the world economy; electricity generation, transmission, and distribution capacity; and environmental priorities.
