Comment by senordevnyc
7 hours ago
Yeah, what on earth are people even talking about here? EVs are clearly destroying ICE in the car market in terms of growth rates. Even without any government mandates, I highly doubt most new car sales in a decade will be ICE. There's just too many advantages to EVs, and ICE's few advantages keep slipping away.
The idea that complex Rube Goldberg machines powered by fire and explosions are somehow going to have a future compared to devices with minimal moving parts powered by a fundamental force of nature in its most pure form is absurd on the surface.
Americans and American companies often hold onto technologies long after they are clearly done for in the belief that hope and marketing and stubborn refusal to let go of some romantic view that gas stations and loud noisy slow devices that require constant maintenance are cool.
Toyota and others are rightly betting the American taste will be slow to swing, that our leadership is spineless and has no forward vision, and that they can keep monetizing old technology. What they are getting wrong is the inexorable force of economic and technological reality will strangle ICE manufacturers in a slow then sudden death. BYD, MG, etc are r through the regulatory grind while building their production and logistical capacity. Once they can penetrate the US market veil it’ll be over for Ford, GM, Toyota, and others. Tesla will have to cut margin so fast it’ll be dizzying.
If you’ve driven these Chinese EVs you’ll know the writing is on the wall, and as these legacy automakers cancel their last gasp attempt to be relevant in the future, they’ve ended their role in world manufacturing in the quixotic notion that hope is a strategy.