Bloomberg: Electric Cars Are Everywhere Except Here, Now

AUG 29 2017 BY MARK KANE 81

BNEF plug-in car sales forecast

Bloomberg ask,s in dramatically-entitled article, “Why Electric Cars Are Everywhere Except Here, Now“.

Our guess? Because we simply we are in the early days of an exciting step-change, and it takes a few years to displace tens of millions of petrol sales each year?

Nissan LEAF II

Today, EVs make up only fraction of total car sales worldwide (about ~777,000 out of 92 million registrations in 2016), but more and more markets are exceeding 1% market share, and we are now entering the 2nd generation of the modern-day plug-in vehicle – more mainstream offerings, which are more affordable, with longer ranges (the Tesla Model 3, Chevrolet Bolt EV/Opel Ampera-e, Renault ZOE Z.E. 40 and upcoming Nissan LEAF in September to name just a few).

Bloomberg says that progress in battery technology has been partially offset by lower gas prices, but there is also need to shift electrification to utility vehicles and trucks, which are so popular now. But the growth curve we are on now, the 1 million mark for annual plug-in sales will be passed this year (2017), and we should see a multi-million level hit by later in 2018.

Bloomberg expects that the Chinese market will reach the tipping point first (we assume Norway – at a massive 42% adoption rate this Summer was disqualified due to size?  Who knows).

Other findings are that manufacturers are now focusing on electrification (Volvo intends to produce at least plug-in hybrids across its lineup), and that gasoline will still remain in use for transportation (but that usage will continue to decrease over time).

The last couple of points raises the issue of battery costs, electric car prices and charging infrastructure (private charging spots as well as fast charging stations along the way):

8. How much do electric cars cost?

Because of the batteries they require, electric cars will be more expensive to build than their gasoline counterparts for about a decade, BNEF says. For now, manufacturers must essentially give them away to meet the California emissions requirement.

9. Why aren’t electric cars more popular?

Long recharging times mean the most convenient way to replenish a battery is to plug in overnight. This is an option mostly for people who can afford to purchase their own recharging equipment and install it in a private, lockable garage. In the U.S., low gasoline prices make it difficult for electric cars to compete. California regulators reported in January that more than three-quarters of survey respondents had yet to seriously consider a plug-in electric car.

10. What needs to change to get to an electric-car future?

Battery costs are the single most important factor, according to BNEF. Lithium-ion batteries, plus the necessary packaging equipment, will drop to $73 per kilowatt hour by 2030, from $273 currently, BNEF says. A shortage of both in-home and public recharging stations remains a massive, unsolved challenge, the research group says. Public awareness and enthusiasm for EVs needs to grow, and this in turn will encourage governments to maintain public subsidies as EV technology matures.

source: Bloomberg

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81 Comments on "Bloomberg: Electric Cars Are Everywhere Except Here, Now"

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The positive effects of subsidies cannot be understated, particularly with less-expensive cars.

Also, new EV buyers (and 2nd-gen EV buyers) will want to know that their purchase won’t depreciate 75% in 3 years like my Leaf 1.0 did (and yes, that was *after* subsidies).

at least the car saved you some money ( i assume) Shouldnt that be counted into your equation?

Even if you “lost money” with the investment (and a car is always a bad investment), look at the bright side: you got to drive an electric car!!!! Seriously, 7 years ago I might never thought I’d see the day. Think of all those glorious gas-free miles you’ve driven. Not just saving money there, but the joy of driving electric. My Leaf may be a relative POS, but I still love it.

The electric drive and ride experience are so superior to a gas engine, that you will Never go back.

The Leaf is just a poll of what America knows.
They will learn.

Everyone is different. My view on cars is they cost a LOT of money and you never get that money back, so I purchase a car and drive it until it is no longer worth anything. It remains to be seen if my Leaf can last me 10yrs. I certainly hope so.

We will know that electric cars are finally taking off when your local grocer starts making bad puns about them.

A perfect storm is hitting legacy car manufacturers. 9 months of sales turning down. Peak car, at least in the U.S. and the advent of the long range more affordable ev.
Boomers drive less, buying fewer cars, 60% of hs do not have a licensed.
Better transportation choices in many cities, as cars are mostly a burden, in densely populated areas. Too expensive.

Regarding the slow adoption:
Musk himself said it would take 20 years if everyone started buying only evs. So it will take longer than that, but it will happen.

“We will know that electric cars are finally taking off when your local grocer starts making bad puns about them.”

Local grocer and everyone else have been making fun at Prius for over a decade now and total hybrid sales have been capped at around 5% of the market.

I hope PEVs don’t repeat that.

Well, to be honest, the Prius isn’t fun to drive when you’re trying to get the mpg the car can get.

Now the Leaf, the BMW i3, the Tesla, they’re fun to drive.

I agree. The Prius is a total slug. I mean, the Leaf is nothing super special in terms of performance, but it still accelerates like a bullet from 0-30, at least relative to a gas car.

The percentage of Highschoolers licensed has been dropping for 30 years. It has nothing to do with EVs or better public transport choices but everything to do with increased urbanization.

Every generation gets old and buys less cars.

Millennials are now buying suburban homes,starting families,and buying SUV/CUVs in record numbers.

We have had 5 years of record breaking US auto sales. The fleet is relatively young compared to longevity. Sales were bound to fall at some point.

In other words “Peak Car” my arse.

2016 is definetly peak internal combustion sales in the US.

From each year on its likely fewer internal combustion vehicles will be sold. Electrics will swallow any growth from here on in.

Right. Chevy is considering halting production of 5 models. Major shutdowns at manufacturers for extended periods, and really good deals, cash back, 72 months at 0% APR, sounds pretty desperate, and it is.

When sales have gone up to a peak, then they decline for an extended period of time, 9 months so far, we won’t see 17 million cars sold in the U.S. again, that’s peak car.

They managed to sell that many cars only by lowering loan standards. It’s sort of like the housing bubble, albeit less serious. I think we’re not seeing those sales again anytime soon.

Home charging for apartment and town house dwellers is desperately needed. Difficult since you either can’t install a charger yourself, or your car isn’t parked right next to the house, usually a yard and sidewalk are in between.

Many folks say that im an anti ev. Look, 99% of the market still buy gasoline and notice that gasoline only transportation is more efficient than it use to be because there is also improvement in ice and transmissions. I don’t oppose ev, what i oppose is regulations and subsidies but the ev crowd is not honest and ask for more and more of these political frauds that are subsidies and carbon taxes on petroleum.

Feel free to be anti EV, but you are the one bring dishonest when you criticize ev subsidies. A few billion for EVs is nothing compared to the trillions in subsidies that fossil fuels receive.
https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/aug/07/fossil-fuel-subsidies-are-a-staggering-5-tn-per-year

Exactly. If we discontinue the $5b in global oil subsidies, then we dont even have to incentivize electric cars anymore, until then, at least incentivize the same. Current EV incentices are way to low in comparison.

5 _Trillion_…every year!!!

You shouldn’t be able to wreck our climate for free.

You are not only against evs, you are against anything related to green energy, you big oil suck up!

The biggest subsidy I receive is home mortgage interest tax deduction. I take full advantage of this subsidy to reduce my taxes every single year, and damn proud of not paying “my fair share”. EV tax credit is lowering your taxes, just not as much. If you like paying taxes so much, go ahead and pay more, but don’t bitch about me and other EV owners lowering our taxes.

“…but the ev crowd is not honest and ask for more and more of these political frauds…” Perhaps some of us think that if you are going to pollute the air we breathe, then you should at least be paying a carbon tax. Perhaps what some of us think what isn’t honest is the way that Big Oil is manipulating the U.S. Congress into subsidizing the use of the U.S. military to protect our overseas petroleum supply lines, and support the rulers of oil-rich countries which oppress their own people merely because they supply us with oil. All this without the Big Oil companies having to pay a dime, creating falsely “cheap” gas in the USA. In effect, this subsidizes gasmobiles and diesel trucks while depressing the market for electric vehicles… at taxpayer expense. Perhaps some of us are also not happy with the way the lives, health, and blood of American servicemen are being sacrificed to help Big Oil make profits, either. Perhaps some of us think that you are simply removing yourself from any real dialogue or meaningful discussion when you try to paste a “not honest” label on us, merely because you happen to have different political… Read more »

amen brother!

The right that fossil fuels have to freely spew toxic pollution & greenhouse gases into our shared atmosphere is the biggest subsidy on this planet.

Eliminate that MASSIVE subsidy and EVs will shine.

Right. Now if only Trump would say “we’re spending too much money protecting you” to Saudi Arabia, Iraq, Kuwait, and now Libya, and cut military spending by about 40%.

Then, if Trump would say “we’re spending too much money propping up the world’s most profitable industry” to Exxon, Shell, BP, and ConocoPhillips.

You know, real, actual fiscal conservative policies. Cutting budgets at the top, instead of nickel and dime things like Planned Parenthood and social services. Not that they wouldn’t go too, I’m just saying that you don’t cut your household expenses by not buying ice cream but by buying a way cheaper car.

Once that’s done, you’ll see the true cost of gas. And you’d be paying at least 3x as much at the pump. American voters of course, would have a real problem with that, but hey, at least they’ve got alternatives in the form of electric cars these days, not like the days of the 1972 gas crisis.

Coincidentally, the savings in your personal income taxes would probably outstrip the $7500 federal rebate for EVs. Except every year.

So by all means ponder that for a while.

Gorr; if you know the history of the Legacy Internal Combustion Engine (LICE) car then you know that almost all safety and efficiency improvements came as a result of Govt mandates. Why? Because car companies see any changes, beyond esthetics (as part of planned obsolescence) as hurting the bottom line. I cite seat belts and fuel efficiency as the two most glaring examples.
So, unless you love foreign oil or feel your kids can safely roll around in your car as it rolls down a hill, you had best be grateful for regulation.

I agree with these comments. I drive an ICE and an EV. I don’t get any EV incentives in my country, actually just the opposite in reality (no charging infrastructure, lots of ridicule about EV’s).
But looking at all the subsidies for fuel and all the associated health risks, these should be transparent costs and that would place EV’s above ICE for most measures. All those suburban SUV’s would die a natural death if the true cost to drive them was paid by the individual driving them.

Volvo said all new models after 2019 would be hybrids, not plug-in hybrids. Right?

Hybrids, with and without plugs, and electric cars (i.e. BEVs).

In other words, Volvo really hasn’t announced anything at all. Or only one small step stronger than saying Volvo won’t be using any steam engines after 2019.

I know, many cars are still being introduced that aren’t even hybrids. But very few will be in 2019 and onwards, regardless if you look at Volvo or any other brand. Probably even Ferrari will put some electric motor and battery in every car. That’s irrelevant since they account for nothing at all, but it will give them nice torque from standstill even when they’re driven in a civilized manner (not “launched” at high revs, with accompanying high noise – great at the drag strip, not so cool at the lights on Monday morning city center traffic).

Let’s not call it “second generation”. We are really in the third generation of battery electric vehicles, and this is now the second iteration of it. Generationally EVs have not changed much for the past few years.

So how do you define the three generations, and distinguish between them?

Just curious.

Maybe this:

Gen I: EV1, RAV4 EV, Ranger EV

Gen II: Sub-100 mile slow charging EV’s like the Leaf.

Gen III: Long range DC fast charging EV’s like the Model 3, Bolt.

+1

Unless they can solve public charger issue (clogged with free chargers), this is way too optimistic. I wouldn’t recommend EV to many of my friends and family. Many live in apartments and condos, and I can’t imagine them sitting at DCFC waiting for another EV (or two or even three) before they get to plug in. And then the issue with getting membership for every charging provider is even more confusing.

Reading plugshare comments on San Diego Tesla supercharger, they also suffer waiting, though having 12 stalls make for shorter waits than CCS. Still, I wouldn’t want to have my aunt sit and wait almost an hour at supercharger with 12 car long wait.

You are really sour on the public charging state, keep expressing your disappointment in the recent posts 🙁 When I bought my Volt back in Jan. 2012 there were almost no L2 public charging stations and DCFC was a pipe dream. I also lived in a condo so the Volt charged on an external 120V GFCI outlet with an extension cord crossing the sidewalk, covered with my door mat. Every evening I stretched the cord and plugged in, and every morning I wounded it up and cleared it away because I wanted to drive my car on electric power, not on fossil fuel. It took effort, it wasn’t pleasant in the middle of the frigid winter, in the rain, with my neighbors dogs pissing on the cord, lawnmowers and snowblowers getting to it before I could, having to explain why am I driving this silly GM-made “Obama-mobile”, why is it cleaner and better and safe, etc. But I made it work for three and a half years BECAUSE IT WAS IMPORTANT to me. Until people realize that driving electric is important they won’t bother, they won’t put the little effort it takes, they won’t push to make it better, and… Read more »

@vdiv

Maybe this hurricane in Houston will change a few minds.

Huh? The lines and waiting times at fast charger stations during the mad-rush pre-hurricane evacuation would be enormously long.

Nothing compared to the gas lines…

Considering few dozen Bolts getting free charging makes every DCFC an hour wait, I am not hopeful of EV future.

Many months before Bolt, I ran an experiment to see if I can live on DCFC without home charging as if I’m living in apt/condo. Months when there were fewer Leaf/i3 sales, things were not that bad, especially considering charging ~10 minutes while at MacDonalds was all I needed for commute miles. But the months with more Leaf/i3 sales (more free chargers) were bad. Now with few dozen free charging Bolt, it’s intolerable without home charging.

Why do you always complain about the charging being free, instead of complaining that the charging infrastructure isn’t growing fast enough? Because increasing the number of chargers would also solve the problem.

Saying free charging sucks because it is so popular that you have to wait for it, is like saying that In-N-Out Burgers suck because you have to wait in line for them.

Extreme high popularity and the shortage of something doesn’t mean it is bad. It means there needs to be more supply to meet demand.

He is complaining because he isn’t getting any charges like he used to.

Look, electricity is pretty easy. It’ll cost money, but it’s not technically difficult to solve the condo charging thing. In Norway it’s simply becoming mandatory to equip parking spaces in new condos with charging spots. Grants are being discussed to make it cheaper, but not free, to install charging in existing ones. I paid about $1200 out of my own pocket to have my parking space, in a condo from 2006, equipped with an appropriate 16A circuit. If I were to sell my condo today it would be a major selling point. 16A (230V) isn’t much, but it’s still much more than I actually need (and I usually charge at 10A) most days. In the future, apartments and condos that don’t come with a good charging solution will be a hard sell. Basically, market forces will solve this issue quite easily – it will just lag behind the rest of the market. But when EVs become popular they do so first in cities, so an overall market share of, say, ten percent may be enough to generate incentives for condo boards to start looking into getting charging in place. In much of Europe, where 400V 3-phase electricity enters (TN networks)… Read more »

Building codes should require every new apartment/condon parking spot to be pre-wired for a level 2 charger. Just the empty conduit & breaker space needed. When a charger is needed then just add the breaker, pull the wires, and mount the charger.

I think Vancouver BC has done just that.

it’s not all as bad is it is in your location. Your area is going through what the Bay Area did in around 2014. EVs (LEAF) were suddenly popular and DCFC was free (for everyone at the time) and the few DCFCs that were around were then very full. Things change. More DCFCs were installed in the SF Bay Area. You have to give it some time in your area. It’s always darkest before the dawn. I do feel (as I think you said) that something needs to be done to provide charging to those who can’t charge at home or work right now. There must be better AC charging infrastructure at apartments and such. I hope that works out for you, the rate that that has advanced in the SF Bay Area has been far too slow, much slower than EV adoption. California law says that you cannot be required to get a membership with every provide. This law was passed in 2013 or 2014, probably before you even had an EV. If a charger/EVSE is available to the public with a membership it must operate without a membership too. You must to be able to activate it with… Read more »

I thought things were looking up when Bolt was released since Chevy didn’t give out free charging with SparkEV despite lower sales, and much longer range Bolt would’ve meant fewer DCFC clogging. But just few dozen free charging Bolt made it awful.

In the future, there will always be free chargers, be it subsidized by Chevy/Nissan/BMW or by private companies offering free charging EV as a perk for their employees. This is why I’m not too hopeful of EV in light of my experience. Free charging destroys EV!

If you want to pay with the credit card, you have to call the number and speak with a person, not simply swipe the card like at a gas station. I can’t imagine my aunt juggling various membership cards or calling to speak with someone each time she has to use a public charger. This is why I cannot recommend EV for many people I know even if they can charge at home.

It depends on the system. You can use a contactless credit card with ChargePoint. For Greenlots you just download the app and put your credit card info into it. Then start the app and point it at the charger. It’s more convenient than calling or finding and tapping a card.

If your aunt can’t speak to a person on a phone then yeah, don’t recommend an EV to your aunt. If she’s a normal person, she should be able to work it out. It’s really not hard.

If the DCFCs are clogged, it means they’re making money. And that means you’ll see more of them soon. Will you see enough? It’s hard to say. Maybe they’ll even put into place like your ideas of having it so that only a certain percentage of chargers can be used for free charging at any given time.

Obviously the best fix is to have your own place to charge at home or work. But not everyone can work that out.

Juggling various payment methods is exactly what I’m talking about. With gas station, you just swipe your regular credit card, and you’re good to go. With EV, you’re doing the acrobatic juggling act. My aunt is an example, but even my much younger scatter brained niece would complain about EV waiting and complex payment systems.

If clogging is convincing people to not drive EV, “making money” is only temporary. You can see this from Blink example when people stopped using their chargers once they started billing them. More and more, I’m convinced that CCS/Chademo will go the way of Blink thanks to all the free chargers.

How long has it taken to get all those gas stations built? How long has it taken to get L2 and DCFC chargers built? It is still early days and there is a lot of charging infrastructure still to build.

It’s a paradigm shift. Power is everywhere, when was the last time you went somewhere that didn’t have power?

Ok, right now it isn’t for everyone. Maybe you can’t charge at home, but if you drive to work could you ask your boss to install a L2 and charge there? If you park in a car garage can you ask that owner if they could install a L2 EVSE for you?

I paid $1,000 to install my EVSE so I could charge faster, maybe if you offer to meet them half way or pay that cost for free power, you just need to look at your options and maybe you don’t actually need to charge at “home”.

Don’t forget the hype effect, or rather lack thereof.

EVs are still considered an “eat your veggies” technology – just like, e.g., recycling or energy-efficient light bulbs.
There will be resistance to it from the usual-suspect parts of society who see it as yet another aspect of a culture war against them. Meanwhile, most people on the other side of that war, will be reluctant to take up the fight on behalf of an “uncool, eat your veggies” solution.

Compare that to, e.g., autopilot, a technology that is not even fully available yet, and won’t be for another decade or so, but inspires huge enthusiasm across most car fans.

Exhibit A for this effect is of course the Tesla Model 3 vs. the Chevy Bolt. Tesla is to date the only EV brand to break the hype barrier, and is being rewarded with insane levels of consumer demands. By contrast, a great 240-mile EV currently selling for less than the available Model 3, has a zero waitlist and sales somewhat below the rather modest expectations.

Perhaps topic for a separate post?

“purchase their own recharging equipment and install it in a private, lockable garage”

My charger is out in the open at the side of my garage. GASP! The hordes of charge stealing cars lined up to use my charger!

The idea that someone is going to show up and park in my driveway for hours to get a charge is certainly funny, but not realistic. If it were a real threat, I could install a lock on it in about 5 minutes.

Well said, and thank you Scott!

Or you could mount one on the side of your house, or on a post beside the driveway.

It gets a bit tiresome seeing all the comments asserting that only those who can install an EV charge point inside their garage can slow-charge it every night.

Mine’s in the garage. My driveway is on a hill. So I never park there, unless I’m cleaning out the garage.

My home charger is mounted on a post next to my extremely short driveway, and the cord reaches the street. It’s hardwired, so I can’t imagine anyone trying to steal it, and it really wouldn’t bother me all that much if someone else plugged in.

Plus, having it out in front right next to the sidewalk makes it visible to everyone going past, and I hope serves as advertising of how easy it is to live with an electric car. Since getting our Leaf a year ago, I’ve talked people into getting 3 Leafs, a Volt, and a Tesla!

Some of my neighbors charge in their driveways. The EVSE is outdoors.

You can get EVSEs that you can turn on and off. So even if you can’t lock it up people can’t steal electricity. Well, no from that. You do have 110V outlets on the outside of your house…

I propose a gas tax to rebate EV purchases. If I have to breath their exhaust crap on the roads, they should have to pay me.

Electric cars were the next best thing a hundred years ago and they still are.

Trolly McTrollpert

..but you’ll never be.

There are 2 million plugins today and soon you will see 3rd million, but 100 years ago, there was hardly few 1000. If you don’t see any plugin, probably you are living in North Korea.

Regarding future growth of PEV (Plug-in EV) sales, it amazes me to see how flat the “S”-curves in most of these forecasts are. Don’t these analysts know that disruptive tech revolution “S”-curves follow a pattern, with accelerating market share up to the 50-60% mark?

Once we get a 25% market penetration, there is no way that the rate of growth in sales is going to start declining, as shown on the graph above. I’m not saying it’s physically impossible; I’m just saying that historically we can easily see that’s not what happens.

Once the average person sees PEVs as more desirable than gasmobiles, the obsolescence of gas-powered cars will be inevitable. If that hasn’t happened by the 25% market penetration mark, then it will follow very shortly thereafter.

What’s a non-plug-in EV?

Watch The Flintstones! Ha ha

In the Netherlands Renault started fitting “old” Renault Zoe cars with the new 41 kWh battery pack. So the long range EV, will start penetrating second hand car sales allready. Which I find amazing! This really speeds up the penetration of longer range verhicles. No new cars, just a new batterypack. I wish Nissan could also do this with the “old” LEAF.

I live in Alabama, “Everywhere but here” certainly fits. As of now, you can buy a Volt or use the internet and buy a Tesla.
None of the nearby Nissan Dealers have a Leaf and none of the nearby BMW’s have an i3 (I don’t ask about the i8.) Carmax has the occasional used Leaf and/or Volt. None of the other EV’s sold in CARB states are around here. Our nearest couple of smart dealers are turning into Service (Only) Centers.

I wish you had better options but it is hard to blame those dealers since demand is probably extremely low there. Perhaps a dealer or two in the big cities could stock carry them.

The best way to get a deal would be to buy a used EV from California and have it shipped to you. Of course that requires buying sight-unseen. And you might worry about service if none of the local dealers carry them.

Change is going to come though…it just takes more time in Alabama. 😉

Well, Alabama, along with most of the ‘Deep-South’ is still living in the 1940’s.

Really, and from which enlightened part of the country do you hail? Perhaps you can indulge us with a few more of your ignorant regional stereotypes. You clearly know nothing about the South.

And you might want to do some research. Georgia is near the top in EV uptake.

Alabama, brother, born and raised.

Well, I am sorry you feel the need to trash your own state/region. As Lewis Grizzard liked to say “Delta is ready when you are”.

Mark – There are no Leafs anywhere really. The searchable automotive websites only show about 1200 nationwide. The local dealers here in GA have very few and they are all S models. I think Nissan has pretty much wound down production as has BMW (2017 models). There are no A3 E-Trons to be had either. Bolts are just now arriving, but are very thin on the ground. I am hoping it is the calm before the storm.

Another Euro point of view

Coming of Ev will probably be more brutal than some might think. I see a EV squeeze coming simultaneously from the top and bottom of the car market. Top with $50K+ cars (due to EV performances and silence) and from the bottom with young people buying Renault Zoe type of cars because of cheap running costs. The problem is the often huge disconnect with reality from the EV enthusiast themselves presenting the current EV production as adequate in practicality and production costs. I firmly think that we won’t have EVs matching ICE practicability/manufacturing costs as expected from average Joe before sometimes around 2020 (a 60Kwh Nissan Leaf at $30K would be a good start around 2020 for example). I read so much BS from EV enthusiast, like ” you need to travel long distance ? Just rent a car ! (with more range) or just “fly over”. Go and explain that to ICE drivers, more likely you won’t keep their attention for more than 20 seconds and they will be bloody right.

I like the representation of it as a squeeze. Like Tesla has been squeezing the luxury segment.

The rent a car thing is not “BS”. I used to be skeptical about it, but you can really rent a car for very little money. It means that having a 300 mile capable EV or even a nationwide fast charging network is not really necessary.

I *don’t* believe that argument is going to win over the general public, the same way 80 miles of range is more than enough won’t. That doesn’t mean those arguments are technically untrue though.

I fully expect that 200 miles of range will be necessary for EVs to catch on, and 300 miles would be better. And having a nationwide supercharger network would be the third necessary aspect.

So what car do you rent when all the cars eventually become EV’s?
Think you still need that nation wide fast charge network. And you might as well have that 300mi+ range as well. Batteries are only set to become cheaper and bigger capacity over time.

Biggest problem remains the range/price issue. But I think the Model 3 will be a tipping point.

I think it will always be a struggle though. Long range EVs will always cost more than ICE cars by my guesstimate.

Don’t bet on it. Lithium Ion battery is the flavour right now. With the uptake of EV’s research into battery technology is really exploding. My prediction is “we ain’t seen nothin’ yet!”
In 50yrs, of I live that long to see it, I have no doubt the comments will be “you drive an EV? How quaint” as the person drives off in their cosmic energy vehicle or steps into their matter transporter (ok, maybe 100yrs).

“Why Electric Cars Are Everywhere Except Here, Now”

Why? Because you didn’t buy or lease one. Your loss.

Don’t wrote off the Norway error. It exposes the core problem with this article, it’s plainly ill-informed.

Nothing to see here, move on.

More Bloomberg baloney. Eg “Volvo said it will begin phasing out cars that run just on fossil fuels in two years.” No – Volvo has said that by 2019 all its cars ‘will have an electric motor’ in them ie they *might* all be EVs but, much more likely, most of them will be hybrids and the rest EVs.

The rest of the article is equally factually challenged and is not worth the time it takes to read it.