I think the genie is out of the bottle with regards to electric cars. They've proven they work and can compete with internal combustion cars on most metrics that people care about and exceed ICEs in a number of ways. Battery capacity generally increases 8% per year, and battery production is ramping up in ways never seen before. The mindshare has already left Gas cars, it's just a matter of time before sales slip to electric, a bit like Nokia compared to the smartphone, Nokia were still shipping millions of units but consumer demand was waiting for cheaper smartphone units, once it did Nokia was destroyed.