EV alternative for light/medium duty trucks
So much wheel spinning on EVs, what if they are not the right path forward? The biggest problem with renewable power and EVs is storage, the second is storage, and the third is storage. Another pat...
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Ford and GM's cash cow it is and will be big ICEs for quite some time. The both are retiring from the car market because the competition is too tough and they own the truck and SUVs markets (I am not saying they are the best, just saying that is where they make money).
EVs will most likely thrive in the car market but will never take it over 100% because the technology can't compete with ICEs in every case.
A company that sells close to $400M per day (Ford and GM do) has to invest in keeping their cash cow alive. Comparing the EV investment to a new ICE power platform is like comparing buying a scratch-off to investing in your 401K...
EVs are not the final solution, but has the potential of reducing oil dependency (you can generate electricity in a lot of different ways). That alone is enough to justify it's existence.
Alternative technologies will come, but I still believe that they will be successfully only when they are cheaper/more convenient than the existing technology.
Last week I saw the latest hybrid-hydraulic car, and they have been working on that for a decade. It works great, but so far is, like so many other technologies, just a possible future solution, much like hydrogen, CNG, and others
EVs will most likely thrive in the car market but will never take it over 100% because the technology can't compete with ICEs in every case.
A company that sells close to $400M per day (Ford and GM do) has to invest in keeping their cash cow alive. Comparing the EV investment to a new ICE power platform is like comparing buying a scratch-off to investing in your 401K...
EVs are not the final solution, but has the potential of reducing oil dependency (you can generate electricity in a lot of different ways). That alone is enough to justify it's existence.
Alternative technologies will come, but I still believe that they will be successfully only when they are cheaper/more convenient than the existing technology.
Last week I saw the latest hybrid-hydraulic car, and they have been working on that for a decade. It works great, but so far is, like so many other technologies, just a possible future solution, much like hydrogen, CNG, and others
