Big Carmakers Are Placing Vast Bets on Battery Power

From GM and Geely to Mitsubishi and Mercedes, giants of the industry are revving up their electric plans

Photo: Mike Kemp/In Pictures via Getty Images

In 1900 one in three cars on American roads ran on volts. Then oil began gushing out of Texas. Cheaper than batteries, and easier to top up, petrol fuelled the rise of mass-produced automobiles. Cost…