"The total potential market for electricity fueling American vehicles is staggering (warning: large back-of-envelope ahead).Let's just take light-duty vehicles (not heavy trucks or buses), of which there were about 190 million on the road in 2015, according to government figures. For the sake of simplicity, replace them all with a full battery-electric vehicle that gets 3.5 miles per kilowatt-hour, loses 10 percent of the power it takes as it charges and discharges, and travels 13,000 miles a year.Presto! You've basically created an entirely new center of demand for power rivaling the entire industrial sector of the U.S.:"
https://www.bloomberg.com/gadfly/articles/2017-10-03/electri...
Gasoline cars use lots of electricity...
The profit to be made is in the building of the generation capacity itself. The problem with this is that coal plants and traditional nuclear plants are very expensive to build compared to natural gas plants and renewables like wind and solar.
After being built, they are very expensive to fuel and maintain compared to renewables.
So utilities are more likely to choose natural gas or renewables for new generation capacity. It's not that the coal industry hasn't tried to convince people that they are the fuel of the future (i.e. the "Clean Coal" marketing effort), but the costs just don't line up in coal's favor, and that's not even considering the cost of the currently unaccounted externalities of coal burning.
[1]https://en.wikipedia.org/wiki/Decoupling_(utility_regulation...
Well, on the coal side, they can hardly maintain that coal isn't bad for the environment whilst simultaneously claiming that electric cars are better.
Nuclear in particular should be promoting it, it matches perfectly with the overnight charging demand. Perhaps in that case it's just that nuclear isn't that significant an industry, they have enough effort trying to promote themselves.
Certainly it's strange that utilities in general aren't all guns blazing for electric cars, I suspect we'll see that start to happen soon.
The ones that pay to control the timing of EV charging make more immediate sense to me.
Not in the US perhaps but here in Norway I think I might. It has a lot to do with the attitude of the authorities and how much they are willing to skew the market in particular directions. In the past they skewed it for diesels now for electric. The US has historically tended to skew the market to favour on-shore producers, regardless of what they made, at the expense of imported vehicles. Now there are subsidies for electric cars so I can easily imagine that there will soon be a time when a salesperson recommends an electric car even in the US.