The EV market in the US is driven by a small number of super users who see EVs as a status symbol. However, this market is dependent on a relatively small number of people buying expensive EVs. If there is a downturn, especially in the tech sector and cryptocurrency, which many people use as play money, the EV market could collapse. The current EV market in the US is not experiencing broad adoption and cannot be considered as mass adoption. Therefore, it is possible that the US EV market is a short term bubble.
The crew was just back together for a week of car shows and conferences in Los Angeles, where they witnessed and discussed the very latest in mobility technology. On this week's episode they discuss it all, from the new Waymo/Zeekr robotaxi and Toyota's sleek new Prius to a retrofuturist Hyundai concept, an electric Fiat and much more.