this post was submitted on 13 Aug 2024
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Cars - For Car Enthusiasts
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The thing is, nothing gets done unless the government regulates it. The industry would just keep pumping out ICE vehicles. The only reason we have EVs at all is because most car companies saw the writing on the wall about the very necessary phaseout of ICE and knew this would be legislated sooner or later. I fully expect EVs will have either great range or super fast charging by 2035 because the market will be there to support it. (Regulating is solves the chicken and the egg problem - it guarantees demand so it de-risks investing in EV tech for the entire supply chain.)