$300 billion for EVs

Exclusive: VW, China spearhead $300 billion global drive to electrify cars : Reuters

Continuing on from yesterday’s post, Reuters announces that around $300 billion are earmarked for the creation and commercialisation of electric vehicles over the next five to ten years.

What this means is, quite simply, an enormous pressure for gas stations and other sites where vehicles rest, to install and maintain charge points.

I’m glad I only signed up for 4 years on my new car in 2018. I fully expect to have an EV for my next car.

16 January 2019, F.W.I