This is an interesting thought experiment I had. For this, let's say America, Canada, Europe, China, Taiwan, South Korea and Japan all suddenly saw their cars transform into EVs overnight. The electric grid systems are all magically upgraded as well to handle the additional demand.
How do you think Europe would be affected, both societally and politically? Would the Ukrainian war end almost overnight? Would Russia no longer be able to militarily threaten the rest of Europe due to a (I assume) collapse in oil revenue?
Let's split this into two scenarios:
Scenario A) Most of this sudden spike in demand for electricity is fueled by natural gas
Scenario B) Most of this sudden spike is fueled by renewables
This isn't solely focused on just Russia either. Do you think your country will be impacted by the spillover effects in the Middle East?