Joe Gearin said:The0retical said:I said it last time and I'll say it again here. We're a $5 per gallon gas (or a $2.50 increase by todays prices) crisis away from wide spread adoption of EVs and electric cars. Chevy has 35k Bolts just sitting out there right now along with an idled facility and almost every manufacturer has a 40+ mpg plugin hybrid of some sort.
A civil war in Iraq, as now appears to be fomenting, or the collapse of Venezuela, also a real possibility, and we're there since the strategic oil reserves can only go for so long.
This---- most of the masses make transportation decisions based on cost. If gasoline remains cheap, or gets cheaper. (which it may) Electrics will remain a novelty. If gasoline prices spike, or rise for the long-term, there will be vastly increased demand. Governments may be making these rules now, to spur on electric development, but if the time comes for implementation, and electrics are still cost prohibitive vs. ICE cars, the rules will change. If the world economy does well, and folks have $$ to spend, (or govt. subsidies make them cost competitive) they will do well.
When times are tough, people vote with their wallets. The least expensive, most rational (financial) solution will prevail. When the economy is booming, regular folks are much more careless with their $$ and spend more to satisfy their egos----- ie the big SUV boom of the 90s.
No one quite knows where we are headed.
Cost isn't the only major factor that can work in favor of EV adoption though, there's also CO2 output, and the number of world leaders who would argue that the problems associated with increased CO2 levels are actually caused by Illuminati scientists with a weather machine is generally somewhere between 0 and 1. That will provide some incentive to switch away from fossil fuels other than their cost. The only thing that might save ICE cars there is a carbon-neutral drop-in gasoline substitute, which could happen, but then they'd still have EVs to compete with on ease of maintenance, performance, and NVH, so it wouldn't slam the brakes on EV adoption.