Plug-in success dependent upon gas prices

How fast will lithium for autos develop?

What kind of penetration will plug-in hybrid vehicles and electric cars make into world auto sales by 2020?

That depends on the price of oil according to a study funded by Credit Suisse. According to the study, plug-ins will achieve 10 percent world market penetration by 2020 if the price of oil is $100 per barrel. If the price of oil hits $200, then plug-inz could achieve 25 percent penetration.