Not saying the oil sector is powerless by any means, and I guess maybe they're going for regulatory capture, but this is a non-starter from an economic reality perspective so I'm not too worried about it. The train is well out of the station for electric vehicles. I believe every car maker (save 1 that I know about) is fully committed to 100% electrified vehicles in the not-too-distant future. I feel like eventually…
All it takes is a new pump at existing gas stations and what becomes more compelling to the consumer flips overnight. Same cultural process of fueling up at the same place you've always fueled up in about the same amount of time as its always taken. It seems like there's a lot lot less inertia to get consumers over that hurdle than the EV hurdle, where charge times are long and convenient chargers not a guarantee in…
With an electric car I can get home at evening, park my car and connect a plug, exactly as I connect my phone to the charger before going to bed. Time wasted? Probably less than a minute every couple of days. Also, I pay it in my electricity bill, the price of electricity doesn't go as high as the price of gas. Also... it's impossible to distinguish between the electricity used to charge a car than the one used for domestic purpose. This means that the government cannot add taxes on electricity used in vehicles, as it does with gas. Finally there is the possibility to install solar and produce the electricity myself.
> All it takes is a new pump at existing gas stations
Easy? We have natural gas cars since decades. Only recently (last 10 years) you find a sufficient number of stations that serve you natural gas. Still for nonsense rules in my country you can't fill your natural gas car by yourself but it has to be done by an operator, so good luck filling it in the weekend or at night. I imagine the same rules would apply for hydrogen.
Now, after decades of natural gas cars, they are mostly usable (my parents have one). Inconvenient, since you maybe have to drive 10km to get to a station, and you have the same range than an electric car (350km more or less). Will hydrogen be that better? I don't think so.
While all of this happens, electric car chargers are starting to appear everywhere. You go to a supermarket, there is a charger, you stop to eat on the highway, there is a charger, or more of them really, in the cities there are plenty of them (plus while the car is charging you don't pay for parking!).
It's nonsense to this day to not consider buying an electric car if buying a new car to me! I keep my diesel car since I already have it, it has more than 10 years, and works fairly well, and I don't like changing things that works, but when I will change it, I will buy an electric for sure.