Goehring and Rozencwajg: EVs May Never Achieve Widespread Adoption

“Electric vehicles (EVs) are pilling up on lots across the country as the green revolution hits a speed bump, data show.”~ USA Today, November 14, 2023 “Hertz Global Holdings announced Thursday it planned to cut one-third of its global EV fleet over the year. Following the announcement, Hertz CEO Stephen Scherr suggested the road to electrification could be bumpier than anticipated.”~ Bloomberg, January 11, 2024 Starting mid-point last decade, the investment community became convinced EV adoption would quickly surge.  EV…