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Won't replace the bicycle

EdP

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Joined
Jul 7, 2017
Messages
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Location
Parrish, FL
Genesis Model Year
2018
Genesis Model Type
Genesis G80
Will the EV ever replace the ICE? What does history have to say about the automobile

Automobile©La Vie au Grand Air [Public domain], via Wikimedia Commons

Cynics rushed to disparage the automobile too. Literary Digest weighed in on the technology in 1899, concluding that “the ordinary 'horseless carriage' is at present a luxury for the wealthy; and although its price will probably fall in the future, it will never, of course, come into as common use as the bicycle.”

The New York Times agreed, stating in 1902 that the price of automobiles “will never be sufficiently low to make them as widely popular as were bicycles.”

The following year, the President of the Michigan Savings Bank warned Henry Ford's lawyer, Horace Rackham, not to invest in the Ford Motor Company on the grounds that “the horse is here to stay, but the automobile is only a novelty – a fad.”
 
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