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Is there really a free market? Electric vehicles were squashed for a long time because oil wanted it to be that way.
by loceng 10y ago
Is there really a free market? Electric vehicles were squashed for a long time because oil wanted it to be that way.
- adventured 10y agoThe smart phone is what made electric vehicles practical. That solved the chicken or the egg problem as it pertained to batteries cost & battery manufacturing scale. There was no scenario under which the electric car was going to take off until lithium batteries were radically cheaper and available at truly massive scale. Mass market consumers do not want to drive EVs that get 50 or 80 mpg equivalent and cost $50,000. Tesla came along only when it was finally becoming possible to do a nice EV thanks to falling lithium battery prices, at a low enough price point that well off consumers could afford them. The rest is history.
- mrep 10y ago> Electric vehicles were squashed for a long time because oil wanted it to be that way. Could you explain a little more? I have not heard any credible evidence to support this theory.