Majority of voters favor gasoline-car phaseout. But all-electric goal faces tough opposition.
After a year in the sun at the Electric Vehicle Symposium in San Francisco, I’ve gone back to some notes I made about the EV business at a recent American Council for Capital Formation panel. The notes are more on the order of “There have been more than a handful of promising technologies introduced over the past few years, but none of them has made much headway.”
The next year, I think the market will produce some truly exciting electric mobility technologies, but the market will be much less surefooted than I was at the time I wrote down those notes.
The EV market for the first year of new product introduction was much like my original notes on the market for clean technologies:
A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market.
A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market. A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market. A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market. A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market. A lot of the promising new products are likely to suffer from the risk of over-investment and the uncertainty associated with a large, complex market.
EV market is an amazing technology market, and it appears to be doing just fine. The market seems to have reached a point where the risks of over-investment have started to become manageable, and the risk of a large, complex market is also becoming manageable.
I haven’t really paid much attention lately to what the electric vehicle market is doing: my notes on the market for clean technologies were pretty much entirely about