October 18, 2010
In a series of articles for The Wall Street Journal, writer Michael Ramsey found that excitement over the expected electric vehicles boom exceeds the potential of those vehicles to gain near-term traction in the United States. Despite finding positive user experience in an article profiling frequent Plugincars.com contributer Tom Moloughney, Ramsey sees many reasons for skepticism about whether EVs will actually be successful in the U.S.
The list plug-in drawbacks cited in the articles should be familiar to most fans of the vehicles. (They have a limited range, they’re expensive, they’ll only make sense when gas hits $8 a gallon, etc.)
But the sum of these arguments doesn’t necessarily clash with what most realistic EV enthusiasts and their counterparts within the auto industry have been saying about plug-in adoption for years: “If you build them, the market will eventually come.”
In “Bumpy Road for Electric Cars,” Ramsey cites a Johnson Controls study that found that battery electric vehicles make financial sense for just 3 percent of drivers.