economics: as market share for electric cars grows demand for gasoline goes down and the price for gasoline (already low) goes down thus exacerbating the already large gap in cost between electric and gas.
electric will always be a victim of its own success unless it can actually become competitive with ice on cost and energy density.
remember that the baseline cost for an ice car is about $1000 (used) and $5000 (new). there is a world outside of california (shock) and it has billions of potential customers.
electric will always be a victim of its own success unless it can actually become competitive with ice on cost and energy density.
remember that the baseline cost for an ice car is about $1000 (used) and $5000 (new). there is a world outside of california (shock) and it has billions of potential customers.
ice isnt going anywhere.