<div></div> British Prime Minister Rishi Sunak is considering weakening the UK’s commitments to net zero in a bombshell policy shift. more… The post In a ‘bone-headed’ move, the UK to roll back gas car phase-out and other net zero policies appeared first on Electrek.
The market would enter that space, if you have to buy something they want it to be theirs. There is literally no point in making something you cannot afford, I get what you’re saying there are some stupid policies surrounding EV take up but if everyone had to have one in 5 years there would be a range available for every level.
Given that we don’t have the lithium production for that many batteries and we aren’t ramping up fast enough to support 100% car demand with BEVs in just a few years, no, they would not be magically cheaper.
But it wouldn’t be immediate even if was legislated, there is a timeline and all the manufacturers in the world would be competing to get in. Not every single car would change, some people will drive theirs into the ground and not everyone will buy new and some will make the decision not to buy at all. It’s alarmist to just say that it’s impossible when there are steps being made every day to make it a reality.
Correct, just the new cars. And we don’t have enough lithium for all new cars to be BEVs in the next several years. We are upping lithium processing, but it isn’t fast enough for that aggressive of a timeline.
And that is why most EV manufacturers are creating batteries that don’t require lithium and other heavy metals.
We are ramping up though. There are something like 50 new battery factories under construction in Europe alone. The US has ~30 going up as well.