HRE wrote:
An EV as a second car? Sure. An EV as an only car? For most people it's not going to work all the time.
Since we're currently supply limited, the question is what the landscape looks like and how people feel a few years down the road.
Roughly, sales of EVs have doubled every two years which extrapolates to 100% of new sales around 2030. That seems unlikely, but it does mean that it's plausible that in a few years that supply won't be a constraint and price competition will be more intense.
Battery capacity and cost have been improving at about 5-6% per year for some time so cost/range will be halved or better by the end of decade. This puts EVs at least on par with ICE vehicles cost wise. I expect also see fast charging on the order of 80% in 20 minutes be commonplace by end of decade.
There's no technical or economic reason charging infrastructure can't keep pace with sales growth.
In short, I don't think we're as far away from EVs dominating the market as some people suppose and I think the way forward is a lot clearer than it was a few years ago.
