Carmakers Risk Wasting Billions on Electric, Autonomous Vehicles

Sometime ago I posted an article on the “greenness” of electric cars. That post pointed out the greenness of an electric car depends on the greenness of the electrical grid used to charge the vehicle. Charge your Tesla or Leaf during peak hours in a region using coal-fired power plants and you are no more green, and perhaps less green, than a standard gasoline powered car.

Turning away from the environmental perspective and towards the producer perspective, the article linked below raises concern about profitability of electric car manufacture. Profitable production of price-competitive electric vehicles is not a task that can be presumed a slam dunk. Time will tell.

-Dr. Moore

Carmakers Risk Wasting Billions on Electric, Autonomous Vehicles
https://www.bloomberg.com/news/articles/2018-06-20/carmakers-seen-wasting-billions-on-electric-autonomous-vehicles

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