Disruptive change comes with hiccups. GM rushed the Volt and didn’t vet the gasoline backup concept. The battery fires aren’t helpful. But there are more EVs on the road than ever before and 100% annual growth will continue for the next few years. Every major automotive manufacturer has or will launch an EV in the next two years.
The EVs are here for good. Over the next 10 years the battery manufacturers will race against the natural gas industry. One building more efficient batteries, the other building out gas infrastructure to fuel up CNG cars. Either way, the automotive industry will never go back to gas.
Posted by Paul Owen on April 11th, 2012 :: Filed under Uncategorized
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