Nukes? Exciting new technology being developed in that area. Who knows? The free market will always come up with a solution, (good or bad).
The oil companies are very powerful, but they’re not just “oil companies.” They are in the energy generation and distribution business, and they’re working on controlling where that energy comes from and how it gets distributed. They’re not going to give up control without a fight. Wars have been fought over oil, let’s hope the same doesn’t happen over rare earth minerals.
We’ll see! These next few years are going to be interesting, to say the least!
The early adopters mostly live in single family dwellings and will charge overnight at home. The multiple family dwellers will primarily have to charge at public charging stations. Once charge times are reduced to 10 minutes or less, the ICE is toast.
I couldn’t agree with you more. Those that say, “that’ll never happen,” have got their head in the sand. I’ll go one step further, it may not happen in my lifetime, but eventually, human driven cars will be banned from public roads, just like horses were. When people say they’re afraid of getting in a car driven by a computer, I say they should be more worried about drunk drivers or those drivers while texting. Thirty to forty thousand people are killed in automobile crashes every year, yet no one seems to care. A self driving car runs over a squirrel and it’s front page news. The future is bright. I can’t wait to see autonomous flying cars!
You left part of the equation out, less demand = less production, to pay for the multi-billion dollar refineries the cost per gallon goes up.
May only be a couple years away, they said...As I’ve said on another post, none of us has a crystal ball, but I think the change to EV adoption is going to come sooner than we think. Solid state batteries show tremendous promise and may only be a couple years away. Supposedly, they can go 500 to 1000 miles between charges. Also, there are chargers in development that can charge a battery to 100% in under 10 minutes. Those two possibilities are game changers. I agree, the technology has a ways to go before it’s commercially viable. I just think it’s a few years away, not decades. We live in exciting times!
OEM’s are spending billions each to bring EV’s to market. I don’t remember anyone spending anywhere near this amount on fuel cells. Lately, Toyota pretty much threw in the towel on FC’s and is spending heavily on EV’s. I’m not a gambler but my money is on EV’s short term and AV’s long term. We’ll see.
Nailed it!! From an investor viewpoint, don't count out gasoline anytime soon. Those in the know are looking out to 2050 before any serious decrease in gas sales will occur. Gas tax increases? Possible in some states but not on a Federal level. Buy your gas guzzler and enjoy!! Maybe 10-20 years from now I would think twice, but no concern today. Note one mans guzzler in another imporvement (Tundra gets under 16mpg even on highway).
Nope, gas is a by product of the refining process. What would happen is refineries would reduce capacity and people would lose jobs. When gas was $2 a gal the barrel was @ $40. Oil producers couldn't sustain production so they shut down rigs /fields and waited for the market to change. Same scenario... No demand, reduce supply.
Damn, are you living under a rock? We saw a handful of fuel cell powered cars in California in lease. Meanwhile, Tesla sold nearly a million EV’s in 2021 alone. Not to mention other Manufacturers ramping up. Solid state batteries may or may not be vaporware at this point but other technologies are being developed by damn near everyone and those we hadn’t heard of. Meanwhile existing chemistry’s are being tweaked and or repackaged for better efficiency. Of course your line of thinking isn’t surprising after you posted that hit piece some months back. The Moron who wrote that article is the personification of the dipshit who claimed to have PTSD after squeezing off a few rounds through an AR15.
Well, after some more interweb searches I found that your friend is not wrong, so I stand corrected. Prices ranges from $12,000 to $22,000. Not sure why their is the huge disparity. But I did find this article interesting:
