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EVs Are Just Going To Win

An anonymous reader shares a post: EVs are still winning. But they haven't won yet; only 4% of the global passenger car fleet, 23% of the bus fleet, and less than 1% of delivery trucks are electrified. But at this point I think the writing is on the wall. The phenomenon of a superior technology di...

When a new technology passes a 5% adoption rate, it almost never turns out to be inferior to what came before; with EVs, that threshold has now been reached in dozens of countries. In fact, we don't have to rely on trend-based forecasting to understand why EVs are just going to win. Currently, EVs often require government subsidies in order to be price-competitive with combustion cars.

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