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How much crude oil is left in the earth?
There are 1.65 trillion barrels of proven oil reserves in the world as of 2016. The world has proven reserves equivalent to 46.6 times its annual consumption levels. This means it has about 47 years of oil left (at current consumption levels and excluding unproven reserves).
So ice vehicles are still going to dominate for many years.
This is not how economics works. Supply doesn't create demand. You may want to learn more about the topic before discussing it.
Most of the legitimate complaints about EVs revolve around price, range (esp cold weather), and recharge rate.
To get widespread acceptance of EV I think there needs to be mass production of vehicles (smallish crossovers, smallish SUVs) in the affordable range, say $25k. To sell 100k veh or more per quarter the EV maker is going to have to have affordable models in their lineup. You can't beat ICE by only competing against the Audi BMW segment.
To get widespread acceptance of EV I think there needs to be mass production of vehicles (smallish crossovers, smallish SUVs) in the affordable range, say $25k. To sell 100k veh or more per quarter the EV maker is going to have to have affordable models in their lineup. You can't beat ICE by only competing against the Audi BMW segment.
Yea, and for that to happen, there needs to be a reduction in costs of the battery from last year's average of $150ish / kWh to $100 / kWh or less and better energy density. It's currently on track to do that in the next few years (it went down from over $1000 kWh in 2010), but it's definitely possible for a company to jump a year or two ahead on projections like this. The problem though is that Tesla probably doesn't really want to make $25K vehicles since it's put itself in the luxury segment and is really banking on people buying into potential self-driving which ratchets up the price.
Last edited by OyCrumbler; 05-18-2020 at 09:25 PM..
ICE vehicles are here as dominant technology for at least another generation.
The EV are a very small niche market and while they are set to grow, their percentage when compared to ICE will be in single digits for at least next 20 years.
To get widespread acceptance of EV I think there needs to be mass production of vehicles (smallish crossovers, smallish SUVs) in the affordable range, say $25k.
The average small crossover/SUV is about $30-35k now and they sell just fine. So an EV version, like the Kona EV that also sells at $30-35k is not a stretch. My Bolt was only $25k new and its a great car.
Quote:
To sell 100k veh or more per quarter the EV maker is going to have to have affordable models in their lineup. You can't beat ICE by only competing against the Audi BMW segment.
Think about this. How much were personal computers in the '80s and '90s? (my 486 DX2-66 was $3500 in 1990). How much were big screen TVs n the '90s and 2000s? (a 42" plasma was $6000). How much are either of them now, that are even better than the ones that were out then? Tech ALWAYS starts out as stuff for high end buyers and then rapidly gets cheaper and better.
No matter the type of energy needed, there MUST be a delivery and production system in place "first".
Do you know how many TW's (not megawatts) will be needed to replace fossil fuel in cars and trucks and what form of energy will be used to produce those TW's?
Without a surge in nuclear power nothing changes.
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