In the US - how do you see the market in...
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10 years
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20 years
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Beyond that
I don't know anything about electric cars and when I googled right now - I got super-annoyed. The hype is outrageous. And the media is more than willing to push that hype because it generates page views and sells ads.
Emphasis mine...
Honda's new solid-state batteries could double range and lower cost
Of course - that's the annoying hype. Here's the reality...
Honda does not even sell a fully-electric vehicle in North America. But this situation will change in the coming years, through a number of innovative ideas.
I don't think anyone has a clear picture of what US markets are gonna look like in two months, let alone a decade.
that being said
Cars function because petroleum is very energy dense. It takes a lot of energy to bring a mass of metal and plastic up to cruising speed. Our systems for generating electricity are not prepared for the sheer increase in demand caused by mass adoption of electric cars. I am not aware of any projects actually underway to prepare us for electrification. Any talk of moving away from petroleum fuel is just that -- talk. The only thing that could get us to the power output needed is nuclear, and that would be a decades long undertaking.
It would not surprise me if one of the major car companies comes out with a fully electric vehicle that massively outperforms Tesla in cost and function sometime in the next 5 years -- but that's mostly because I think Tesla has left the bar so low it's a tripping hazard. It would have the same market niche as a Tesla -- partially as a way to save on fuel, but primarily as a carbon indulgence used to assuage guilt.
From what I've seen the new Hyundai and KIA electric cars are better than the Model 3/Y in most ways, and the Lucid is better than the Model S in pretty much all categories. But I haven't driven any of them.