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Old 09-30-2021, 04:22 PM   #211
Fuzz
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Originally Posted by Monahammer View Post
Pretty easy to see that the people making the cars are going to be right. The stock market is hopping mad for EV stocks, the car makers are trying to switch out of petroleum based vehicles like their pants are on fire.

So the real question becomes how long some portions of society will hang on to aging fossil fuel consuming vehicles while new vehicles are replaced nearly wholesale by electric.
I wouldn't put money on that. It's a huge challenge for them, and nothing is holding them to that number. They announced it because it's the thing to do. Getting battery materials for that many vehicles is not trivial, and may not happen. I'm not suggesting it's going to be 5%, just that it sounds a lot more like an aspirational goal than an achievable one.
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