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To: Sailing2 who wrote (44302)10/26/2016 6:24:59 PM
From: forbrydelsen  Read Replies (1) | Respond to of 49402
 
Oh I totally agree, this isn't a near term issue.
I guess its all about critical mass.....remember when VCRs first came out back in the late 70's? Very few people owned them initially - way too expensive, heck even blank cassette tapes were about 20x the price they became a few years later and were either 30 mins or 1 hr long, not even long enough to record a whole program sometimes!
But in a few short years, that all changed as the players dropped 50%, 75% in price, as did the blank tapes and the movies themselves by even more i believe.
With all major car manufacturers starting to develop hybrid or full on electric vehicles, i would imagine the sales will ramp up pretty fast in the next 5 years or so and with it the prices should come down considerably, then we'll see the real mass rush into EVs. Ironically enough, I don't even own a car so I don't really care either way personally, but i do worry for oil prices in the long, long term and don't know which year the tipping point may be reached. Of course, there are many other uses for oil as we know and there will be supply disruptions and politics yada yada yada, but maybe when EVs start becoming the majority of new cars sold, that will cause an impact on oil demand.
I find the Tesla cars ridiculously over priced but if someone like BMW comes out with an EV that is only say, 30% more than its regular engine, (instead of about 5x the price!) then that will be the game changer for the auto industry.
Just an area I find interesting currently :)