Perhaps you’ve heard about electric cars? Perhaps you’ve heard the hype about electric cars? I know I have. Yes, I believe battery powered vehicles will eventually come to dominate the personal transportation business but if you believed all the press reports out there you’d think this was going to happen next Tuesday. The forecasts for EVs are wildly optimistic, especially when you look at what’s happened so far: sales were actually off 10% last year and despite all kinds of legacy automakers and tech start-ups talking the electric talk, Tesla still sold four out of every five battery powered cars in the U.S. last year. If you buy into all the hype, I’m afraid you’re just being Stupid.
Check out my take on all of this in a new Forbes.com post: https://www.forbes.com/sites/warrenshoulberg/2021/02/15/are-electric-cars-the-biggest-auto-hype-since-the-edsel/?sh=5c9659cd279d