Good morning.
The age of electric vehicles is coming, but it is not coming nearly as fast as expected a couple of years ago. I spoke last week with two CEOs who are in the middle of the transition: Chrissy Taylor, CEO of Enterprise Mobility in St. Louis, and Masahiro Moro, CEO of Mazda in Hiroshima, Japan. Both cited lack of charging stations as a major reason. Taylor, who drives an electric car, said this:
“Quite honestly, the demand has always been low. It’s just slow. It’s not where it needs to be. The demand is low because the infrastructure is low.”
