With all good technologies, there comes a time when buying the alternative no longer makes sense. Think smartphones in the past decade, color TVs in the 1970s, or even gasoline cars in the early 20th century. Predicting the timing of these shifts is difficult, but when it happens, the whole world changes.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF).
That will be the start of a real mass-market liftoff for electric cars. By 2040, long-range electric cars will cost less than $22,000 (US), according to the projections. Thirty-five percent of new cars worldwide will have a plug, can you see this happening in Trinidad and Tobago?
If this trend does pick up do you think that you will be brave enough to be apart of this movement?
It all comes down to buying power, costs of vehicles,ability to deal with the hassle of loans or car broker for foreign used vehicles and competing interests for your income. Most Trinidadians pay off for their vehicles in five-seven years based on the current state of the economy. So if you purchase in 2017/2018, your next purchase may be the later part of 2020s.
ReplyDeleteI would be brave enough when I'm confident the mechanics here can service them. Can't afford to go to the company all the time, and the mechs here still have the clique of vehicles they know how to deal with
ReplyDeleteI will not purchase one until I am sure these vehicles are reliable over a fairly long period of time i.e. at least six to seven years!
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