Mark Gongloff, Columnist

Your Future EV's Battery Will Be Built by Saudi Arabia

The kingdom isn’t waiting around for its oil to go obsolete.

The future of Saudi Arabia?

Photographer: Amer Hilabi/AFP/Getty Images

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Though Saudi Arabia’s dominance of global energy has long been a drag, at least we could always hope it would end someday. For a while we thought oil supply would peak soon, breaking the Saudis’ grip, though also reverting us to a donkey-based civilization. Today we think oil demand will peak soon, still relegating Saudi Arabia to the minor leagues, but with electric vehicles instead of donkeys.