If, by “fuel” you mean “subsidies”, then YES.
Those days are drawing to a close.
Oh boy, another “perfect storm” for someone to blame their predictive failures on.
So if they factor in the fuel costs for charging the batteries, I wonder what the real MPG for electric cars amounts to?
What male teenager with some money to pay for a car is gonna plunk down his hard-earned cash for a car that has no power?
One day the econuts are going to turn hard on the lithium battery makers and users.
They will be villified worse than the oil folks.
In reality there is no such thing as an electric car boom.
There has to be something other than cobalt for batteries right?
Smugness and virtue signaling?
The other element [...] is cobalt.
Oh. I guess smugness is third then.
Bye bye coal fired cars.
Great find! Thanks for posting.
This explains the sudden PR avalanche of “the inevitably of autonomous cars” which of course are all ways unexblicably linked to publically shared electric vehicles ...
My 1968 Ford is getting close to being finished and on the road. It’ll have a battery to help start the 500hp gasoline engine in it. That and some electric accessories is as soon to electric as I expect to ever be.
Not as long as we have coal and nuclear. Energy efficiency in the form of more efficient appliances and LED lighting is reducing energy consumption in those traditional areas which can be used for EV recharging.
To those who say EVs are not a big part of the future, I say “Just watch”...
They’ll find something else to make batteries out of or store energy differently.
Sponsored article. i.e. advertisement
Was there a boom? The tech’s just not there yet. It’s good stuff to work on, developing the tech, but it’s not ready for primetime.
US Cobalt is a penny stock that looks like it’s being pumped and about to be dumped.
To say nothing of the fossil fuels that generate electricity to run these things.
I’d love to have an electric car but I’d still need a “regular” car for longer distances. An electric car doesn’t make sense for me.
This writer does not know about markets and probably thinks things and prices are "allocated." His two sentences are mirror reflections of each other. There is no "but."