Because coal powered cars are SOOOOOO much better for the environment. /s
There are several factors converging that have led us to revise our thinking a combination of changing customer preferences, increasingly viable product, regulation, and infrastructure, they said in the note.
Gee, I wonder which of those is REALLY the driving force? /s
Liberals think that everyone in America lives in New York, Chicago, or Los Angeles and takes (at most) short-hops to the store maybe 4 or 5 miles from where they live. I commute 75 miles a day. How is an electric car supposed to help me?
Home solar power costs about half the price of the car you’d power with it.
uh, yeah.
brief summary of EV issues:
1. Range: abysmal, especially in climates that require air conditioning in the summer and heating in the winter. AND the kind of states that have those extreme temperatures also tend to be the states with large geographic sizes where one has to drive LONG distances pretty much to anywhere, like the Rocky Mountain States and adjacent states.
2. Recharge time: again, abysmal, typical household recharging takes all night without large expenditures on fast-charging equipment and associated wiring, main panel upgrades, and even service entrance upgrades. Figure aboutt $5,000 per EV times 253,000,000 EVs = 12.5 trillion dollars for home charging system upgrades.
3. Recharge availability: once again, abysmal, requiring literally billions of recharge stations, since pretty much every car needs its own recharge station in every parking space. Total parking spaces in the U.S. are estimated at about 2 billion. Cost to build a pubic fast-charge station is about $60,000. Thus the necessary PUBLIC recharging infrastructure would cost roughly 120 trillion dollars.
Ultimately,though, the BIG issue is range anxiety, namely the product of abysmal range multiplied by abysmal charging station availability. Charging can be fixed for a measly dozen tens of trillions of dollars, but no amount of money is going advance battery technology beyond small, incremental improvements.