gtvoy
Member
Also 3rd party repair shops.. I agree - I suspect the issue will start a decline spiral as gas stations close, oil companies cut back and ICE prices start to drop. The change might be slow at first but will accelerate.
Used vehicles might end up becoming very cheap which would then be an attractive option to folks in lower income brackets. Of course obtaining gas will become even more difficult and likely expensive.
A "hidden" issue is the environmental cleanup of gas stations and some refineries once they close.
I think we are in for a long run with both EVs and ICE. Manufacturers are gearing up for the transition, but way too many people out there don’t like the idea of EVs even though most have never driven one. One thing that I see happening that’ll slow the transition is OPEC flooding the market driving down gas prices to keep money flowing into their pockets as long as possible. They did this a few years ago to put shale companies out of business and will likely do it again to slow the transition away from gas vehicles. One upside to this is maybe electric rates would fall as a result, but not holding my breath. Electric rates in NH are terrible which makes driving a model Y equivalent to a 30mpg car today.