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 Automakers are ignoring a potential nightmare scenario for electric cars

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Nemo

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PostSubject: Automakers are ignoring a potential nightmare scenario for electric cars   Sat Jul 08, 2017 2:32 am

Half a decade ago, electric cars looked as if they were finally going to reverse a century of history and take their rightful place as the transportation choice of the future.

But the financial crisis killed off numerous startups, leaving Tesla as the only major player.

Traditional automakers rolled out their own electric vehicles, but consumers didn't buy them in significant numbers; only 1% of the current global car market has gone electric.

We're now in a second wave of EV enthusiasm as longer-range cars come to market and address the key weakness of the previous generation of vehicles. It is costing automakers billions to develop and produce these cars on the assumption that demand will evolve in the coming years.

https://au.finance.yahoo.com/news/automakers-ignoring-potential-nightmare-scenario-060100139.html
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