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EV only this year became comparable in prices to gasoline cars thanks to massive efforts by Chinese companies to reduce battery prices and improve drivetrain.
by fpoling 1mo ago
EV only this year became comparable in prices to gasoline cars thanks to massive efforts by Chinese companies to reduce battery prices and improve drivetrain.
With that further changes can be very quick as forcing EV no longer requires reallocating money from other things.
- well_ackshually 1mo agoYou're overestimating the amount of people that can afford a brand new car. The transition will take 15 years at least.
- underwater 1mo agoIf 100% of new cars were EVs then there might be feedback loops that accelerate the long tail. Like gas stations becoming leas profitable, less prolific, and more expensive. You might also see battery prices push the price of new cars well below that of second hand ICE vehicles. Even if the replacement window for existing vehicles doesn’t change, the environmental impact would run ahead of the adoption curve. High volume use cases like delivery and Ubers would be the first to switch to EVs.