The disappearance of ICE, no .... not that kind of ICE
What happens with the internal combustion engine (ICE) goes away? My postage sized yard was due for a haircut this weekend, so I stepped into the garage to get my lawnmower. I thought ... nuts; I forgot to get gas, and it has been a while since I have changed the oil. Oh, wait .... I have an electric lawn mower with an 82 volt battery. Just press the button and go. Gas in the garage is gone forever. Take a look at the graph below (courtesy Bloomberg, https://about.bnef.com/blog/behind-scenes-take-lithium-ion-battery-prices/ ): I t does not take a genius to figure out what will happen. Batteries are getting cheaper and more powerful every year. It’s an inexorable form of Moore’s law. Making no assumptions about the environmental goodness of human beings, we can assume that if two things provide the same service and one is cheaper, we’ll go low cost. Some implications: Within 5-7 years no more ICE powered cars will be ma...