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I have spoken with 20-30 somethings (EV market wheelhouse) and mid-50s smart savvy business guys re: EVs.
Summary from these folks: EVs don’t make sense today. They aren’t equally usable and equally impactful from a total cost of ownership point of view vs ICE vehicles. These people don’t believe the planet will self-destruct if they don’t buy an EV today or anytime soon.
Toyota CEO’s recent comments suggest the industry looks at the EV euphoria as the scantily-clad emperor. Expect timelines for EV penetration to be pushed back, either accompanied by public announcements or quietly out of the public spotlight.
Expect furthermore that ICE technology will continue its relentless march forward and upward, as it always has and always will. Specific power and fuel consumption will continue better (lower) causing the EV-ICE parity point to be continually pushed further into the future, if it ever arrives.
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