4 ms·
Or, you know, automakers can see their wealth destroyed like every other industry that is made more efficient through technology
by glibgil 10y ago
Or, you know, automakers can see their wealth destroyed like every other industry that is made more efficient through technology
- Gibbon1 10y agoThe automakers have a short term problem. Which is their profit margins are aligned with being an older stodgy industry. However they now need to make large investments in new technology driven by a real risk of going out of business if they don't. The last time we saw something like this was the big push to add emissions controls and improved crash safety back in the 1970's.
- cowardlydragon 10y agoHow hard is it to spin off / startup a separate EV company?