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It's less that they're committed to keeping the ICE, and more that they've seen that the market has passed them by with the push toward full-electric (I suspect
by danaris 4y ago
It's less that they're committed to keeping the ICE, and more that they've seen that the market has passed them by with the push toward full-electric (I suspect they thought we'd be doing hybrid ICE-electric for much longer, which they're very good at). Hydrogen is their bet on being in on the ground floor of the Next Big Thing.
- thworp 4y ago> the market has passed them by Sorry? Pure EVs are still below 15% of new sales in almost all major markets. Sure it's growing quickly but it's far from certain it won't peak at around 25%. A lot of people will probably re-evaluate their options in the next few years, where it looks like prices for charging stations will go up (no more credit-financed hypergrowth) and in some markets home electricity prices will stay high.