This article provides a useful analysis of the likely trajectory of EV sales and the impact this has on other car makers, and on oil pricing and production. We could be in for a very bumpy decade, geopolitically speaking...
I can't see this Based on the information studied, I estimate new ICE car sales will be approaching 0 around 2026
Its ALL about production. Can EVs be produced in the same numbers that ICE is now? In 5 years?
It's not all about production, it's also utility. Many won't want to replace their ICE until EV range is significantly improved.
I agree, but all the emission benefits wont happen till the production volume is there to !) allow them to be similarly priced, 2) allow anyone with any car to choose an equivalent (size and range)
Right now the price premie is too high, the EV makers produce very few and these are take up, so no need to drop prices. Early Adopter Syndrome. So while the hype is front and centre, and I am a fan, the emission benefit doesn't exist, due to minuscule volume. When production can equate to ICE production, AND prices are reasonable (remember that fuel cost savings are low) then there is no financial benefit, and while all of us want to be green, who will stump up near to double the price ?