• Ummdustry
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    11 months ago

    I mean, Jevon’s Paradox works because the increased efficiency leads to decreased costs. It’s unclear if that’s going to be the case for electric cars because the hardware needed to get to that high efficiency is so expensive, and mostly made cost-effective by government assistance (I.e. eletric cars here in the UK do not pay road tax).

    I’m also not sure if lowered costs would massively change the number of drivers (at least in the developed world) in the EU there’s one car for every two people. We’re not going to see that become 5 cars for every two people just because the efficiency increases, demand is too inelastic.