You can have my diesel car when you pull the steering wheel from my cold
dead hands. Apologies to 2nd amendment folks.
Dwight Giles Jr.
On Oct 13, 2016 1:24 PM, "Andrew Strasfogel via Mercedes" <
> Two-thirds of cars could be electric by 2030Published: Thursday, October
> 13, 2016
> Falling costs and rising environmental regulation could mean that a
> majority of cars will be electric in 2030.
> A report from McKinsey & Co. and Bloomberg New Energy Finance concludes
> that in the next 14 years, more than half of all cars could be powered by
> electricity. This can be largely attributed to lower costs.
> Governments trying to meet environmental targets are introducing subsidies
> and tax breaks that help boost margins. Moreover, technology costs are also
> plunging — the price of lithium-ion battery packs, for instance, fell by
> nearly two-thirds in 2015.
> "In densely populated, high-income cities like London and Singapore ...
> electric vehicles could represent as much as 60 percent of all vehicles on
> the road by 2030, the result of low-emission zones, consumer interest and
> favorable economics," the report states.
> The growth of electric vehicles could create broader challenges for the
> automotive sector, according to the report. It emphasizes the automotive
> sector's need to adapt to new market conditions, stating that the industry
> might need to "consider moving from using a pure product-ownership model
> toward providing a range of transportation services" (Nina Chestney,
> <http://www.reuters.com/article/us-electric-vehicles-idUSKCN12B2AR>, Oct.
> 11). *— KB*
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