That’s a pretty good read on the race between electric cars and oil fuel based ones. We are basically at the point where the world needs to decide if personal transportation is only going to be for the top 5% of the richest or if a regular Joe will be able to have a car as well. There are way more regular Joes at the ballot box than rich folks. Guess what will happen when they find out they have been had.
For a variety of reasons, Americans are not in love with electric cars. And the simple assumption that they will come to dominate transport appears rather faulty.