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Electric cars can be the biggest disruption since the iPhone

Mix of sharing, electric, driverless cars could disrupt things from parking to insurance, oil demand and retail

The rise of Tesla and its rivals could be turbocharged by complementary services from Uber and Waymo. The shift to electric cars could displace about eight million barrels a day of oil demand by 2040.


IT has been 10 years since Apple Inc unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil.

The rise of Tesla Inc and its...

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