RE:RE:RE:Electric cars to run-really cheaper?A couple of years ago they already had over 1000 charging stations, 15% of which provide free charging and 97% of which are "level 2" (faster charging). The regions around the city also provide a fair number of stations, so that it is even possible for many to drive to their cottage in an EV, or to do a bit of local tourism.
We're still a ways away from replacing the combustion engine, but as the infrastructure grows and the technology improves, it'll take a larger and larger market share. I think your estimate of 20-40% is reasonable over the next decade.
pacer001 wrote: Interesting, Montreal has a lot of charging stations? I would not have thought so in a cold climate.
I am not saying that Teslas and electric cars don't play a role in pollution and energy conservation but I just can't see them replacing conventional cars; ok maybe 25 to 40% at the outside.
I do live in a relatively affluent area and we have concentrations of charging stations in like a 30 mile area that we call the 30A "Bubble" . However the folks I know have more than one vehicle and mainly use their Tesla's as sporty little fun cars for local day-to-day usage. For going anywhere far like to a big city they use their gasoline powered vehicles. It is just to risky to take a chance of battery exhaustion.
There is an interesting startup that will come out and quickly recharge your depleted carb battery in 20 minutes or so but I think they have a way to go to be practical.
Now as to "free" electricity there really isn't any and eventually Tesla and electric companies will stop subsidizing charging and car battery replacement.
So all I can say is that we will see.
ps
i do hedge my bets on oil and gas a bit by investing in a Nevada lithium mine but it is not core investment.