The Adoption of Electric Vehicles — More Than Meets the Eye
John Petersen is one of the most thoughtful critics of the electric vehicle industry. In a phone conversation I had with him a few weeks ago, he laid out a few reasons why he thinks the whole idea needs to be scrapped. Here, in his column on AltEnergyStocks.com, he further defends his position, pointing out the folly of the plug-in hybrid Fisker Karma, and suggesting that those who invest in the glutted lithium-ion battery market are imbeciles.
Although there is a lot of truth here, as there is to everything John writes, I point out a few things: (more…)