The shift to electric vehicles won’t happen like the flip of a light switch. The global auto market for the next two decades will be driven by a “mosaic” of propulsion systems, including battery power, hydrogen power, gas-electric hybrids and century-old, petroleum-powered internal-combustion engines. That’s the finding of a comprehensive study of the developing electric-vehicle market by consultant KPMG titled, “Place Your Billion-Dollar Bets Wisely.” It posits the $200 billion automakers are pouring into EVs now -- more than what KPMG estimates NASA spent adjusted for inflation to put a man on the moon -- is ... (full story)