2min chapter

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#35: Leigh Goehring On The Generational Opportunity In Energy Stocks Today

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Cost of an EV Vehicle

The energy in versus energy out of an EV will never, will never match that of an eternal combustion engine. The average Norwegian does not pay the tolls on a toll highway or take a ferry where the tolls are incredibly steep if she has an EV. When they go up into the mountains to go to their cabins up there on weekends where there's no charge and say, whatever, they take the internal combustion engine. This goes into the whole vacalove smell argument how a new technology, if it's more energy intensive, can't displace the old technology.

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