[QUOTE=Editor;14855]Would I be right in assuming that as the “old” journalists retire and younger journalists come through, we may well see a more positive spin put on the electric vehicle market? If so, the next few years could be a major turning point for this industry?[/QUOTE]
In some ways, yes, but most automotive journalists, because we’re exposed to a lot of vehicles of every type, have a pretty pragmatic view of EVs. Electrics will be accepted by and grow as an industry in the same way every other industry does: when they’ve proven themselves.
Smart phones and gadgets can change constantly and people will buy the latest and greatest as soon as it’s affordable. When you’re looking at $500 or less, it’s not hard to gamble on something that costs less than a paycheck for the average person and has an expected lifespan of two years or less.
When you’re talking about something that will cost $200-$500/month for three to five years and has an expected lifespan of 9-11 years, though, and that item is your second-largest investment overall… things take a little longer and expectations are higher.
The best-selling cars are mid-sized family sedans (about 27% of the market). There’s heavy competition there and until last year, there were no electrics of any kind. Now there are three hybrid options (Toyota Camry Hybrid, Ford Fusion Hybrid and Plug-in) and one electric, the Tesla Model S - which only just started selling and is well outside of the price range of the majority of family car buyers. The next-largest market is trucks, which now have no production hybrid options (they didn’t sell at all, so can’t blame GM for dumping the idea). The next market after that are people movers - SUVs, minivans, etc. Not a lot of hybrid options there either.
So far, all electrics and most hybrids that are selling in any numbers are compacts. There’s a market for those, but it’s not the largest in this country. Compacts sell exceptionally well in Europe and Asia, but are just a relatively small segment here.
Until electrics start becoming mainstream and in the markets that sell well in this country, they’re not going to “boom” as an industry. Compared to itself, of course, the EV industry booms every year - getting larger and larger. But compared to the overall market, it’s still not even 1% (barely 3% of you count hybrids). It will take time - and a lot of it. We’ve been driving gasoline cars for 75 years now. They’ve had a long time to become dominant and to have their supporting infrastructure built. EVs will take decades (probably two generations) to do the same.