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Originally Posted by dAvenue Care to explain why there is not a chance in hell for this? I could say the same thing about EV vehicles. They are more expensive

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Old 11-30-2011, 04:25 PM   #11 (permalink)
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Quote:
Originally Posted by dAvenue View Post
Care to explain why there is not a chance in hell for this?

I could say the same thing about EV vehicles. They are more expensive to manufacture, cost more to the consumer, produce dismal sales figures and do not contribute to a company's profit margin. Electric vehicles certainly do not exist to make money. The only reason they exist is to satisfy government regulations that dictate a company's overall carbon emissions score; EV cars lower that score.

Without question, the vast majority of money is made from sale of gasoline vehicles. Based on that alone, I can safely say there isn't a snowball's chance in hell that combustion engines will be obsolete in 30 years. The market for EV is too small and the cost of producing them is too large.
But you are assuming no advances in technology or reduction in electric vehicle price or gasoline price increases.
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