NSANY - Nissan And Mazda Show That Car Electrification Is Unnecessary
Vehicle electrification ((EV)) is all the rage right now -- not because consumer are willing to pay for it and live with it, but because of government mandates, subsidies and other incentives. By EV adoption going from 1% the automobile market to 10% in a decade, this will collectively save us 10% on our gasoline consumption at the pump at that time.
That 10% savings in a decade would be the equivalent of getting a 27 cent cut in today’s nationwide average gasoline price of $2.73 per gallon price. We could get