This is a signal that the “EV singularity” is upon us. A lot of people are going to rent one and realize “this is a much better car” and it will be their next car.
Hertz increased its fleet of EV rental cars — then, profits exploded https://www.thecooldown.com/green-business/hertz-evs-cars-electric-vehicles-rental/
The issue remains the charging network. People have to be able to reliably recharge when driving long distances. Tesla has solved this, but other car manufacturers are lagging behind.
And we need to figure out how people living in apartments will access the charging system.
@andrewdessler Imho we also need to figure out how to make as many people as possible in no need of a car. Difficult to impossible in the US and not easy outside of densely populated areas in Europe but it would make the transition easier and smoother.
@andrewdessler Replacing all ICE by EV will also take one or two decades I would argue. Car replacement cycle. Power grid strengthening. But agreed: we must concurrently do both. It is a matter of social equity too to give people who can’t do without a car a clean alternative with EV’s.
@ljbo That's a great point and I agree 100%. However, that is I think primarily a multi-decadal problem of rebuilding infrastructure. In the meantime, we need to live with the infrastructure we already have.