Quote:
|
Originally Posted by BAN SUVS
$5/gallon gas isn't doing much to create a market for electric vehicles in Europe. I wouldn't call it impossible, but I'd see a lot of steps (like improving mass transit) in the US before consumers as a whole adopt electric vehicles as the primary option.
|
Sure, because fuel has always been expensive. If the gas in europe went from $5/gal to $15/gal in a year, you bet there'd be an effect. Just like we'll have issues when the <$3/gal were used to is suddenly in the $6 to $9 range. Fuel can be expensive, as long as there's room in the budget for it. Right now, many people are pushing it to afford $3/gal... when it hits $5, the economy will start to feel it as people stop spending on non-necessities like entertainment, and at $10/gal our oil based infrastructure will probably collapse as on one will be able to afford to ship goods.
Just look at the sales of SUVs lately, and the massive instant depreciation of trucks/SUVs. A brand new $30,000 Nissan Titan is worth about $24,000 the second you drive it off the lot.
People just aren't buying SUVs/trucks like they were 5 years ago, unless of course you're trying to impress your neighbors by spending money on a uselessly expensive wasteful POS.