Quote:
Originally Posted by pylon
Man this is a loaded question, and obviously I have to be somewhat careful how I answer as I work for a brand with a pretty big EV push right now. When I get some time though I will fully address it.
I will say this though. We are trading a current environmental problem, for what I believe is going to be an absolute environmental catastrophe like we've never seen. I do not believe they are the answer, and there are many people quietly saying the same thing in the automotive world.
But they are saying it quietly as long term, EV's represent enormous profits as long term the production costs are going to be half of what gas cars are, and will represent huge margins. And all these governments around the world have basically created a new market where customers will have no choice but to re-enter the car market.
I think long term, the EV market will be more like the cell phone market where every 3-4 years, these things will be abandoned and tossed in landfills, especially with China taking a massive position in the EV market. It's already happening there. They have fields full of unused EV's just rotting away.
https://www.bloomberg.com/features/2...-checkout=true
Cheap disposable junk being treated like cheap disposable junk.... this is where we are headed. |
Plus right now we're still in the early stages of electric vehicles, where almost every new car that comes out has better range and better features than the last one, essentially making older models obsolete far faster than ICE vehicles further making them disposable. We saw the same thing with phones in the 2010's, with each new model so much more powerful than the last that it drove millions to upgrade every year and create a ####load of e-waste. We're finally at the end of that in the phone world as each new model is only an incremental upgrade, so it's much easier to hang on to a phone for many years, but in the EV world it'll probably take decades to reach that point