Re:Porsche's Idea for a Six-Stroke Internal Combustion Engin...
by freetanga on Saturday September 21, 2024 @04:05AM
(#41608386)
Just to clarify: I had to do an analysis on car markets across 10 countries in EU, Mexico and Latin America recently.
If 100% of new vehicles were electric today, it would take 15 to 20 years to renew the whole fleet in those countries. But today the share of new EVs were between 0 to 5%.
While there is a subyacent network effect (when 30% of gas stations close, it will be so hard to refuel that adoption will spike, which in turn will kill more gas stations), it still seems way off. The people I interviewed at car makers seemed to see EV as a new segment more than a new paradigm.
If 100% of new vehicles were electric today, it would take 15 to 20 years to renew the whole fleet in those countries. But today the share of new EVs were between 0 to 5%.
While there is a subyacent network effect (when 30% of gas stations close, it will be so hard to refuel that adoption will spike, which in turn will kill more gas stations), it still seems way off. The people I interviewed at car makers seemed to see EV as a new segment more than a new paradigm.
Your mileage might vary.