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# 206 Jonathan Escott, Fund Director - Look out for this, it could ruin your portfolio

State of the Markets

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The Future of Car Technology: Navigating Electric Vehicles

This chapter delves into the implications of battery technology in hybrid and electric vehicles, focusing on Toyota's 1-690 rule as a case for prioritizing hybrids for greater carbon reduction. It critiques the current electric vehicle push, discussing the economic and environmental challenges associated with lithium-ion batteries, affordability, and the elitist nature of eco-friendly initiatives. The conversation broadens to explore alternative mobility solutions, the evolution of car reliability, and the importance of practical experience in investing.

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