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citation needed

Granted, it was cheaper to go with oil-powered cars because of the incentives, but in the long run, we would've been better off with electric.

Oh well, more opportunities for innovative business today :-)

I think you missed the part where battery technology one century ago wasn't as advanced as it is today.

Copper was much cheaper, though!

Not to mention demand and continued production drives research and improvement, so it would have been self reinforcing.