Electric cars are not new. There were a bunch of them made 100 years ago. But the technology has improved drastically in the last ten years. The main technology that has improved is the batteries. The drive hardware for electric cars is much simpler and cheaper than gas motors and transmissions. Teslas don't even have transmissions. The cost of the battery packs is down by half in the last ten years. And that cost is supposed to half again in the next five. There are several other types of batteries using other metals like aluminum sue to come into use this year.
I do not have a crystal ball but my guess is that electric vehicles cars and trucks, and potentially RVs is today where the internet was in 2001. Basically on the launching pad and ready to blast off. Even little Tesla was able to ship almost 100,000 cars in the last quarter. I would guess half the cars bought in the USA in ten years will be electric.
I do not own an electric car or work for anyone in that industry. I am thinking about getting a new car soon and have been researching them.
