“Electric-car batteries that charge in five minutes have lured an unlikely investor: Big Oil”

"In the 1990s, oil companies and and car makers once worked together to scupper the electric vehicle industry in the US, according to the documentary Who Killed the electric car? about America’s first mass-produced electric car. That was the EV1, which General Motors rolled out in 1996, and terminated just a few years later. Fast forward two decades, and Big Oil appears to finding it hard to resist the booming electric vehicle (EV) market, which saw an annual 50% growth rate in global sales last year. "


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