Energy Investing - Why EV penetration will be slow and limited - Energy Investing - InvestorVillage


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Msg  358345 of 370770  at  10/12/2021 12:27:58 PM  by

saintsinneridiot


 In response to msg 358341 by  hf6e
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Re: Why EV penetration will be slow and limited

 The life of the battery will limit the resale value of EV's. Who will pay full price for a battery that will only last a few years? The depreciation of the  cars will be much higher than ICE ones.
 
At the same time, people will risk it. A battery that is down and won't go very far is very different from not working.
 
So while your analysis is interesting and the implications are important to consider, I think the conclusions about the limits of EV penetration is questionable. The taxes and pressure to move off of ICE will be insane. Right now in my area most politicians want to ban ALL cars, much less ICE. (Take a bike or transit!!)


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