Once serious critical mass begins with electric vehicle sales—how are hundreds of millions of people around the world going to get rid of their internal combustion engine vehicles when no one wants to buy them anymore?

Question

Once serious critical mass begins with electric vehicle sales—how are hundreds of millions of people around the world going to get rid of their internal combustion engine vehicles when no one wants to buy them anymore?

In: Economics

Answer 1

I personally think there will still be a high demand for Ice cars especially ones that are not 100% “modern”. Repairs are much easier and people will not want their car to be able to track their every move. Which this could be happening now but it’ll be more prevalent the more expensive and high-tech that cars get.

Answer 2

If everyone buys cars what are we going to do with all these horses???

Answer 3

Good question. Why don’t you ask the people who messed up the used car market with “Cash for Clunkers” ?

Answer 4

It’s not happening anytime soon, the infrastructure for electric just isn’t there and won’t be for another half century