Talk of The Villages Florida - View Single Post - Electric Vehicle nightmare
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Old 12-05-2023, 09:37 AM
Blackbird45 Blackbird45 is offline
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Quote:
Originally Posted by TeresaE View Post
In 2006, did a paper on EVs for my masters program. At that time it was projected that at most EVs would gain 25% of the market, but to do that oil would. Have to double in price.

Last time I looked the EV share of the market it was still less than 10%. When Henry Ford started mass production of automobiles, did the government mandate their use over horses? No, the market decided. If it weren’t for government mandates imposed on us, the market share for EVs would be even less.
I don't believe you understood what I was trying to convey. This has nothing to do with oil price or saving the consumer money. This is a new produce for the auto industry to sell and is less expensive to build. Do you believe the auto companies, battery manufactures, are investing millions to save the consumer money or save the planet. This is America the main motivation in this country is making money and it's not only the companies it's all everyday American investors looking to cash in.