Environment & Energy
In reply to the discussion: More bad news about electric drive autos... [View all]kristopher
(29,798 posts)Demand is pushing up the price of fossil fuels and they can't control it. China, the US and Germany are all building manufacturing for batteries and working on bringing new improved technologies (that we already have) to market. That is the key to bringing costs down and actually moving us largescale to EVs.
The auomakers are going to have compete on EVs because of rising FF prices so they are now on board with the transition (some more than others). But there are other factors too that increase the pool of powerful interest groups that want to see us move to an electric system, such as the utilities. Not only does the market for electricity attract the conservative business segment, but the value of battery electric vehicles to improved performance of the grid attracts both the utilities' hard nosed business people and its smaller, forward thinking sector that wants to see a move to renewables.
We are past the tipping point on EVs IMO.