This is true. It does not say much about the lack of charging stations and other infrastructure that is mature for IC automobiles. Then, there is the lack of Lithium that is being presently mined for the batteries (/sarcasm but maybe the new Lithium mines in North Carolina may take up the supply, after cleaning out the useless eaters /sarcasm). Also, the problem with unquenchable battery fires are a small drawback I do not think that our overlords really thought through the process, unless it is to lock us all up in 15 minute cities.