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The issue is energy density I believe. But they solve the "refuel as fast as a gasoline vehicle" issue.

I also don't think that electric vehicles will supplant more than 60% of the vehicle market long-term (if markets were unfettered).

The issue is energy density I believe. But they solve the "refuel as fast as a gasoline vehicle" issue. I also don't think that electric vehicles will supplant more than 60% of the vehicle market long-term (if markets were unfettered).

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[–] 2 pts

It seems unlikely that cars running on Li-Ion batteries will ever overtake gas engines, without massive government intervention. Lithium is a rare metal, and it's expensive to convert into batteries. Only something like 2-3% of cars worldwide run on electric now.

Maybe one day batteries will get better and be cheaper, because the entry level cars now that can only go 200 miles and cost $50K just isn't very competitive.