2020 ushered in the start of the EV boom, but it could have a frightening aftershock. We’re already seeing some of the incredible triple-digit gains in EV companies like Tesla and Workhorse. And this EV wave is only expected to grow bigger in the days ahead under the Biden administration. Just a week after inauguration, President Biden reported he plans to replace the entire government fleet with electric vehicles. That’s up to 643,000 vehicles turning electric on the government’s dime. But Toyota’s president, Akio Toyoda , had an ominous prediction for what could lie ahead. He stated that if EVs are adopted too quickly, we may not have the energy to support them at this point. In fact, he predicted Japan would run out of electricity by summer if they banned all gas-powered vehicles now. He even went as far as to say that if we rush the process […]