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re: Bloomberg: Big Oil Goes Looking for a Career Change
Posted on 9/16/20 at 9:27 pm to fallguy_1978
Posted on 9/16/20 at 9:27 pm to fallguy_1978
quote:
It will easily take 20+ years for electric vehicles to have a 30-40% market share.
They are not even 2% and they have already been around for a decade. The current fundamental design is not compatible with the consumer needs. People did not switch to the combustion engine because it was good for horse it was because it was more convenient, affordable, and reliable. Electric cars are smaller, more expensive, and won’t last 15-20 years on average. The common consumer is not going to be buying an electric car in the next decade until these issues are resolved.
2
Posted on 9/16/20 at 9:30 pm to CheEngineer
Why would anyone buy an EV right not when the vehicle du jour right now is giant pickups and SUVs
This post was edited on 9/16/20 at 9:31 pm
Posted on 9/16/20 at 9:35 pm to CheEngineer
quote:
Electric cars are smaller, more expensive, and won’t last 15-20 years on average. The common consumer is not going to be buying an electric car in the next decade until these issues are resolved.
I agree. It's still a niche market. A lot of people don't have the ability to charge at home etc and the infrastructure is still pretty poor outside of major cities.
Vehicles don't have short replacement cycles either. Most of the vehicles sold in the next 5 years will still be on the road in 15 years.
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