Next generation (2025, 2026+) BEVs will be the tipping point for the auto industry.
When BEVs have 500 mile+ per charge capacity, charging infrastructure becomes abundant, and 350kW+ charging is ubiquitous (<15 min recharges), there will no longer be any value proposition for ICEs whatsoever (outside of hobbyists).
Amazing how fast the change is happening.
Agree or disagree?
The tipping point has already happened. BEVs are at 25% of new sales in China, 15% in Europe, 12% globally and the rate of growth year-to-year is significant.
Also 25% in the world’s 4th largest economy, California :)
Netherlands already introduces road tax for EVs. Since the tax % based on weight, the payment will be higher than for a similar ICE cars. Other countries will follow. This will slow down the EV adoption.