I'm not sure what it means. It's somewhat a mute point because EV's have shitty residuals therefore making them a shitty lease candidate. Ford claims it's because they want to control the recycling of the batteries. I call foul, I say it's because the EV's are worth far more than their residual and they want that $$$$.
This is not surprising to me at all. I am also skeptical of the idea that we don’t need a hugely improved grid and a lot more (and cheaper) electricity generation for EVs to work on a societal level. Not to mention better electric versions of everything else that burns oil (container ships for instance). And nobody has come up with a sufficient answer to the pollution questions either. Just happy talk- which is crazy considering how far down the road we are on this.
EVs Are Becoming More Expensive, Not Less
A few years ago, the industry narrative was that all-electric vehicles would reach financial parity with their combustion-driven counterparts in 2025. The assumption was that this would gradually occur by way of ramping up battery production and leveraging economies of scale. However, reality...www.thetruthaboutcars.com
The answer is Small Modular Reactors. Unfortunately, we might not be smart enough to recognize it.You could install these things in old coal plants and pretty much be good to go.
Another answer is hydrogen fuel cells. One of the leading companies in the technology is Headquartered in Latham, NY near Albany.The answer is Small Modular Reactors. Unfortunately, we might not be smart enough to recognize it.You could install these things in old coal plants and pretty much be good to go.
Advanced Small Modular Reactors (SMRs)
Information on advanced small modular reactors and the Department of Energy's Small Modular Reactor Licensing Technical Support (SMR-LTS) Program.www.energy.gov
Wait until these EV batteries start hitting.
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