Are electric vehicles (EVs) here to stay? The uncertainty looms.
So it looks like we’re not the only ones who have some concerns and questions about whether or not EVs are actually going to happen. In our last video, we talked about whether or not EVs are going to be a thing. Here are some very major players in the EV industry starting to ask the question: Are EVs going to happen?
The Skepticism Surrounding EVs
Clean Technica, not exactly a skeptic of EVs, asked the question today: What happens if EVs fail in the United States? They’re looking at slower sales, and they’re also considering the fact that this first wave of EVs was mostly adopted by affluent, wealthy individuals who wanted something neat, cool, and different. It wasn’t necessarily because they wanted an EV for its actual purpose; it was more of a novelty. However, those initial buyers are starting to fade away. Some people who had EVs are now switching back to gasoline vehicles, and the growth of the EV market is falling off a cliff.
The reality of EVs
At the same time, we’re seeing the chairman of Toyota state that people are finally seeing the reality of EVs amid cooling demand and a price war with China. We’ll talk about the China aspect later because it could affect things in unexpected ways. So, the question that arises is: are electric vehicles a viable market product that is going to be widespread? Is it going to be like the iPhone, which was initially met with skepticism but eventually took off?
Are EVs practical and useful?
People have different opinions. Are EVs practical and useful? Are they better than other cars? And if the demand isn’t there, is there going to be some other method to ensure their adoption? Could the government step in to ban gasoline vehicles and force everybody to buy an EV? Is the electric vehicle market going to be taken over by Chinese imports, which could look significantly different from the traditional vehicles we’re used to?
A Shift Towards Compact EVs?
One interesting scenario to consider is that if the current batch of electric vehicles isn’t desirable because they lack range or are too expensive, manufacturers might decide to make smaller, more affordable electric vehicles. These mini electric cars could be manufactured in China and sold at a lower price point, around $25,000 to $30,000. What if the government then enforces a mandate for everyone to buy them?
Potential Downsides and Concerns
The downside to this approach is that if you have a mix of smaller, less durable electric vehicles and older, heavier gasoline vehicles on the road, there’s a potential safety concern. Smaller vehicles can be more dangerous in accidents, and there might be implications for road safety.
Are heavier vehicles being targeted?
This brings us to a recent development in Colorado, where a law was passed to charge people for driving trucks and SUVs, which are heavier vehicles. The law aims to impose an additional cost on those who drive these heavier vehicles. Could this be a test to see about charging heavier vehicles more? It’s worth noting that electric vehicles are not exactly light, with batteries weighing 1,000 or 2,000 pounds.
Share your opinion.
We’d love to hear your thoughts on all of this. Do you think EVs are going to fail? Are manufacturers going to play a game of chicken with the market, or will government regulations force everyone to adopt electric vehicles? What’s your take on the future of EVs and their place in the automotive landscape? Share your thoughts in the comments below.