Sure, the labor would be a big part of the cost. You have to remove the engine, the gas tank, and exhaust system, and probably the transmission and swap in a motor, route battery cables, install some electronics, probably replace the engine ECU, and so on. Probably a several day project for someone who knows exactly what they're doing and has all the right tools and has done it many times before.
I think that's okay. It employs mechanics, who are going to have less to do as low maintenance EVs replace high maintenance gas cars. It's scalable in the sense that someone just has to make a kit available and if someone wants it in their car they can hire their preferred mechanic to install it.
Considering that we currently have a $7500 federal tax credit for new EVs and some states add a couple thousand more, if that were extended to conversions as well as new vehicles it could cover most of the cost. If batteries get significantly cheaper such a subsidy could cover the whole cost.
I think that's okay. It employs mechanics, who are going to have less to do as low maintenance EVs replace high maintenance gas cars. It's scalable in the sense that someone just has to make a kit available and if someone wants it in their car they can hire their preferred mechanic to install it.
Considering that we currently have a $7500 federal tax credit for new EVs and some states add a couple thousand more, if that were extended to conversions as well as new vehicles it could cover most of the cost. If batteries get significantly cheaper such a subsidy could cover the whole cost.