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What the article gets right is that the ev revolution is, after decades of wishes and slow progress, finally taking off. It is also right about the great change
by woodandsteel 7y ago
What the article gets right is that the ev revolution is, after decades of wishes and slow progress, finally taking off. It is also right about the great changes it will bring to the auto industry.
What the article gets very wrong is the timeline. It says,"The Center for Automotive Research and other firms focusing on the impact of new technology on the auto industry don't expect electric vehicles to account for more than 10% of the sales market until the late 2020s"
No, that's all wrong. The big shift is going to start to happen around 2023 when battery prices will fall low enough that ev's will start to have sticker price parity with ice's. Ev sales will explode, slowed down only by how fast production can be increased. By the end of the 2020's they will be over 50%.