.
A report being prepared by IHS Cambridge Energy Research Associates (CERA) says the future for plug-in electric vehicles isn't all that great, and that reality will be far from the rosy predictions of a fast, green EV deployment. The CERA report, due out in November, is expected to say EV deployment will lag because there won't be enough charging stations to go around, and that in areas with few renewable energy resources, charging stations will get their juice from coal-fired or natural gas power plants. According to the New York Times, older cities present another bummer: Residents of a lot of neighborhoods park their cars by the curb and not in a garage or driveway. The report essentially will say urban areas, where most EVs are expected to live, will present significant logistical and economic challenges. CERA's clients, it's important to point out, are primarily from the oil and gas industry, although Larry Makovich, CERA vice president, said the company included opinions from alternative energy developers in its research.
Quick Take: Some sobering thoughts here, yes. But you wouldn’t have to look far to find a report with a different spin. In any event, someone forgot to tell Coulomb Technologies the future for EVs is so awful. The EV charging station infrastructure company just scored $15 million in Series C funding, and that typically doesn't happen unless some serious growth is going on.
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