No. of Recommendations: 12
All cars and trucks (OK maybe 99%) are going electric.
The key question though is over what time period?
If it happens in 5 years, then Pilot is worth less, although given the markup on snacks, not nothing.
If it happens over 50 years, the current value of Pilot is unchanged.
If I was going to be making book on this, I think it will be much closer to 50 than 5. Why? The grid can't handle the amount of power that would be needed for full electrification and baseline power generation has a loooong lead time. So even if the EVs were free, we couldn't charge all of them. And it will take hundreds of billions in infrastructure investment to deal with this.
(In a previous life I was a member of the IEEE Power Engineering Society back when I was dealing with utility scale stuff.)
