Here's my few cents worth. I think this article has got things back to front. Sure, there may be a bubble, but it's nowhere near bursting. Yes, there are fast g

Here's my few cents worth. I think this article has got things back to front. Sure, there may be a bubble, but it's nowhere near bursting. Yes, there are fast growth rates predicted for EVs, but they still account for reaching a very small proportion of the overall vehicle market for quite some time. There's every reason to believe that things may change much more dramatically, much more quickly. If this proves to be the case, there is an equally good chance that the number of EV makers could increase equally spectacularly before there is any kind of consolidation in terms of numbers of players. History shows that when we started the journey from horses to automobiles, there was at least one small independent car maker in countless towns and cities at a time when the lack of experience, standard parts or skills meant that the vehicles you built were nowhere near as likely to be reliable or durable as just about any electric car you could build yourself today. In those days it was a challenge to start designing and building a new car (ironically it was almost as likely in the early days that the car engine design would be based upon on electric, steam, gasoline, natural gas or diesel) but today it's actually relatively easy to design and build a car factory. Ok, differentiation might be a challenge if you are going for a low cost market, but guess what, history tells us that localism counts for a lot in nascent automobile markets and 'staying profitable' for a small manufacturer where production costs are as low as they are for making electric vehicles using mostly standard parts may mean that the bubble is going to get a lot bigger, a lot faster and the burst, when it arrives, will probably be much more like a slow leak in a worn-out tire.