Quote:
Originally Posted by Wilsil
There will be no choice if the car manufacturing industry is no longer making ICE cars.
I know it will be a while but it will happen.
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I believe 2030 is a key year, when most EU manufacturers will have stopped all ICE production. The US Federal government has a program to convert its entire vehicle fleet to EV, thanks to a Joe Biden initiative. This program creates a critical mass incentive for US EV production. If key markets like these create a tipping point, the world market will follow, or be marginalised to deliveries in countries like Australia, and you can bet ICE unit costs of production will rise as EV costs of production decline.