By 2030, half of all new vehicles sold in the U.S. should be electric

From Jalopnik’s write-up on Biden’s “tightening” of pollution rules:

Based on the Trump-era targets, we should be getting an idealized 37.3 MPG average across passenger cars and light-duty trucks as of right now. Data for 2021 and 2020 isn’t available yet, but in January the EPA revealed that fleet-wide efficiency actually slid to 24.9 MPG, two-tenths less than in 2018.

These regulations are a joke, and car makers are openly ignoring them.

This is a huge cop out but it doesn’t actually matter anymore because electric vehicles will gain adoption through market forces on their own in the next decade or so.

  • Electric vehicles have a massive performance advantage over traditional cars
  • Electric vehicles already have much lower cost of ownership even accounting for the greater up front cost
  • Electric vehicles allow for much greater design flexibility which translates to convenience for the consumer

Greater battery energy density and faster charging will only make these arguments more compelling going forward. Once solid state batteries hit the market, then it’s game over for traditional cars. Values will plummet. Who will want a car that becomes a hunk of problems over 100,000 miles and practically useless and without value over 200,000 miles?