Electric Vehicle Adoption and Consumer Fears
In yesterday’s webinar on electric vehicles (EVs) I used the same metaphor that the author of this article did: no car buyer wants to invest in the auto equivalent of the next Betamax (a standard for videotapes that became obsolete a few decades ago).
Sure, we all face the reality that perhaps EVs (or any of the dozens of other solutions we’re trying to deploy to avert imminent real-world disasters) will be replaced by newer technology. But the metaphor only goes so far.
The world did not become a better place in which to live when VHS somehow beat out Betamax as the video standard. Here, we’re talking about the health and safety of everyone living on Earth – as our dependence on oil deepens and we slip ever further into the associated issues: national security, lung disease, and environmental damage.
It’s true that the consumer doesn’t want to risk buying a Betamax. And I freely confess that very few consumers will make sacrifices for the larger good. But fortunately, we have gas prices rising, and an ever-increasing resentment of the oil companies – along with, of course, a few lonely folks who want to do the right thing.