Here are some of the reasons why the electric car declined in popularity in the early 20th century:
* Lack of infrastructure: There were few charging stations for electric cars, making it difficult for drivers to travel long distances.
* High costs: Electric cars were more expensive than gasoline-powered cars.
* Limited range: Electric cars had a limited range, making them impractical for long trips.
* Improvements in gasoline-powered cars: Gasoline-powered cars became more efficient and affordable, making them a more attractive option for drivers.
* Government policies: Government policies, such as tax incentives for gasoline-powered cars, made electric cars less competitive.
It is important to note that oil companies were not the only factor that contributed to the decline of the electric car. Other factors, such as the lack of government support and the rise of the internal combustion engine, also played a role.
In recent years, there has been a resurgence of interest in electric cars, due to concerns about climate change and air pollution. Electric car technology has improved significantly in recent years, making electric cars more affordable, efficient, and practical. Government policies, such as tax incentives and emissions regulations, have also helped to support the growth of the electric car market.
Today, electric cars are still a small fraction of the overall car market, but they are growing in popularity. As electric car technology continues to improve and government policies continue to support the growth of the electric car market, it is likely that electric cars will become increasingly common in the years to come.