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Toyota, committing to an all-hybrid/EV fleet, also cut it’s production targets in half. The internet of today was possible to build in 2000. Replacing billions

• bborud 5y ago
  Most car manufacturers offer EV vehicles - some have announced the target year for ending manufacturing of combustion engines. Production lines for combustion engines are becoming stranded assets. Yes, tax rebates acted as the activation energy. But what you are seeing is a change that already self-sustaining. In parts of the world EVs vehicles already outsell ICE-cars by a good margin. The average lifetime of a car is about 12 years. (As for Toyota, they are actually notable for being laggards, having dragged their feet, wasted time on dead-end hydrogen technology) What you are seeing is the foot of an S-curve. It isn't unusual for people who don't look at what goes on in industries to miss that. People missed that for the Internet for nearly a decade. And then it permeated most of their life.