The Plug: Recharging Infrastructure May Be the Last Hurdle for Electric Cars | ParisTec... - 1 views
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particularly in the beginning, when the new cars are likely to be a status-driven product
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Least likely to succeed, in his view, are the utility companies. “The utilities have proven over and over to be incompetent at getting consumers the products they need and want,” he says
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The creation of the new electric-car infrastructure is likely to have an outsize economic impact
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Although economists generally agree that technical advances make society wealthier in the long run, a widespread rollout of electric vehicles could lead to some major macroeconomic dislocations.
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Exxon, the most valuable oil and gas company in the world, employs only 83,000 people.
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843,000 in the United States, according to the Bureau of Labor Statistics (BLS) – might find themselves looking for another line of work
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750,000-plus automotive mechanics and service technicians in the United States alone, according to the Bureau of Labor Statistics).
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At present, 70 percent of the oil used in the United States is burned as gasoline
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In 2008, Europeans spent roughly $200 billion on imported oil – more than the value of the entire European automobile industry.
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“but only if the manufacturers can meet demand.
