$General Motors (GM.US)$ Obviously these firms don't expect ...
$General Motors (GM.US)$ Obviously these firms don't expect EV market share to rise much more than to 14-20% of the entire car market by 2030. And I wonder why? There are plenty of hurdles to overcome but which ones are the key roadblocks, even if you think they will be 50-80%. I know I won't buy one now due to cost (30% or more higher price, which will decline if you wait for cheaper batteries), inability to quick charge at home without spending on equipment, range (we take lots of long road trips), figuring there will be a logjam at the charging stations due to a mismatch of capacity and EV's as volume grows. Now don;t answer that you think it will zoom to 80-100% as this post is asking what they roadblocks will be.
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Levi Whooper : All ICE companies are spending very little if anything on ICE R&D so ICE decline is starting
Starbucks follower Levi Whooper : Let;s see: Ford promised $40 billion, 40% EV by 2030, VW spending $60 billion, $35B. sounds like more than "very little" to me. How much is Tesla spending in the next 5 years? At the current rate it is about $40 billion, so I guess they are spending very little too then?