Of course they are, oil is going nowhere in the long run.
Yes,because if electric cars will be exist ,therefore the sales of the different companies will decrease . Especially the middle East which is considered as the main producer of blackgold entire the world. For my own perspective as a citizen of the Philippines,it's good to have electric cars ,because it has a lot of contributions and benefits to our nature. First,it will reduce air pollution second ,it will be more convenient into our everyday life and lastly it gives a new outlook to our highways and streets .