The auto companies slowest to transition to EVs will be the best off when the EV market crashes and burns. There's not enough materials to meet battery demand. Power grids can't handle the charging infrastructure. Range is too low. And we're about to see the first wave of battery replacement sticker shock. The deeper we go into this hole the more betrayed people will feel about being sold a bad bill of goods. Electric vehicles are toys for opulent urbanites, and also have some great applications in commercial space. Trying to push this on everyday drivers is begging for disaster. (a Biden trademark)
Do you have sources for these assertions?
At least with Tesla their batteries will outlast the car. Also mile range is comparable to a ice car.
Electric grid will be fine unless in over crowded states or states like Texas that screwed itself by the weird rules and not plugging into National grid.
I do agree the electric cars right now are for opulent urbanites and will add suburbanites and some wealthy rural folks. This crowd will be able to also afford solar panels.
As far as materials shortages for batteries, this will cause material sciences to evolve.
The ev tax subsidies are about useless as giving small businesses 30k tax credits for trucks over a certain weight.
Btw seems like this is another case of polarizing political views rather than looking at evs logically.
There’s advantages and disadvantages for everything and with evs I want to stop the reliance and stop the revenue of the wealthy Middle East oil countries.