> The second barrier is I know that battery tech is rapidly getting better, which means an electric car today will rapidly devalue It's like PCs in the 1990s.

> The second barrier is I know that battery tech is rapidly getting better, which means an electric car today will rapidly devalue It's like PCs in the 1990s. There were big advances in processing power, memory, and storage every 2-3 years so you didn't want to lock yourself in with something too crazy. Cars are something I buy every 10-15 years, so I have to wait for things to settle a bit before I'll be willing to buy. I think there's going to be a seismic shift in the market in 5-7 years. It has to be really hard being an automaker right now. You need a lot of capital, which isn't cheap at the moment, to expand your capabilities into EV production whose sales may not take off for another few years. But you can't ignore the EV market altogether or you risk getting left behind. Crazy market!