Gating Factor for Consumer Adoption of Electric Vehicles
AltEnergyStocks.com wizard Tom Konrad comments on my piece on the gating factor for consumer adoption of electric vehicles:
I think the largest barrier is sticker shock.
Range anxiety does not stop anyone from buying the Volt, and Leafs are selling better. Where’s the range anxiety?
The problem with the Betamax analogy (i.e., that consumers are concerned about investing in what could be the automotive equivalent of the Betamax, a video technology that didn’t catch on) is that the problem with Betamax was you could not get videos to watch on it. With an EV, (more…)