Don't skate to where the puck is, skate to where the puck is going to be.
Electric cars can't compete against gasoline cars until the price hits about $6/gallon. And considering that crude prices are relatively low, but gas in CA is almost $4/gallon in the Bay Area, it doesn't take much time for normal rates to hit $6/gallon in the next 10 years or so.
At that price, it becomes more economic and that's the time frame probably what they're targeting as well.
Electric cars can't compete against gasoline cars until the price hits about $6/gallon. And considering that crude prices are relatively low, but gas in CA is almost $4/gallon in the Bay Area, it doesn't take much time for normal rates to hit $6/gallon in the next 10 years or so.
At that price, it becomes more economic and that's the time frame probably what they're targeting as well.