A switch to electric vehicles will transform the energy grid, improve the livability of cities, slow climate change and also have geo-political implications as well as potentially improving China's global position in the industrial landscape.

The headlines from the Geneva Auto show last week make appear to indicate that electric vehicles are finally approaching what Malcolm Gladwell called The Tipping Point in his book by the same name. Whether they actually make it still remains to be seen but is, in my view, becoming increasingly likely.

Last week electric mobility reached a milestone as Tesla's Model 3 began production in California showing how long it takes for new technology to come to market and the role the stock market can play in that process.