Two forces will doom EVs. Gas prices have plummeted and will likely stay that way for at least a few more years.
Second, gas engines are getting much more efficient. A four cylinder turbo can produce power similar to many V8 muscle cars of the 60s-70s.
EVs, for the most part, are actually coal-fired cars, which the tree huggers refuse to believe. Convenient and plentiful charging stations are still years away.
Gas prices have plummeted and will likely stay that way for at least a few more years.
With that bit of knowledge, you could make a bundle over in the futures market/ or maybe not? Go long!
That said, I do hope you are correct.
Second, gas engines are getting much more efficient.
Past performance is no guarantee of future results.
As maximum efficiency is approached, the gains become more costly.
Yes, there is more to squeeze out but at a slower pace and higher price, and start drilling everything to save weight.
And then we have the Atkinson cycle of Prius fame.
NOT the good old Otto cycle blasting out the ponies.
Yes, Toyota has a combo engine too...
And don’t forget the diesel, twice the efficiency of gasoline, but something went wrong there...Damn nazis!
We are early in battery development and late into ICE.
Still should be some low hanging fruit in the battery business. ICE???
Electric motor vs ICE?
Motor one moving part, and it simply goes round and round
ICE, lots of fun parts doing interesting cycles.
Just consider the poor unfortunate piston?
Going from a dead stop(TDC) to ~60 mph midway, back to a dead stop (BDC), per stroke and you get TWO STROKES PER REV!! and that is a very quick zero to 60!
Yes, depends on stroke and R’s.