It's a two-liner story by dozens of news media sites....which was pumped up to forty lines. German car companies are anticipating the expenditure of 58-billion Euro (roughly 65-billion dollars) in electric car development over the next decade.
The odds that the general public won't buy into this? Well....politicians and the car companies seem to think they know better.
The odds of hydrogen coming along and being the more acceptable choice? Don't bring it up, but it's a strong possibility.
The odds that 2030 will arrive and Germans just aren't eager to agree to new E-car sales ONLY, and dumping all new gas/diesel car sales? Again, don't bring up that suggestion to a German.
The companies....Porsche, BMW, Audi, VW, Opel, and Mercedes.....all believe that the 58-billion Euro will be wisely invested. It's a ton of money, and pay-back is a major question.
Where does the money go? Well, you need battery manufacturing, battery disposal, public charging stations (into the hundreds of thousands), and retraining for thousands of employees. The grid and the higher need for electrical power? That's not included in this estimate.
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