The exact same book predicted that we'd see hybrids, and traditional automakers would try to sell them, would fail to find the market, and would wind up being w

The exact same book predicted that we'd see hybrids, and traditional automakers would try to sell them, would fail to find the market, and would wind up being wiped out. As https://www.canalys.com/newsroom/global-ev-sales-2022 https://www.canalys.com/newsroom/global-ev-sales-2022 says, if you want to find the mass market for electric cars, go to China. Don't forget. The main driver of this transition in the long run is that batteries still improve at about 7% per year for the same price point, while ICE engines barely budge. The lifetime cost of ownership for electric cars is below ICE right now. And the cost of initial purchase is falling. As long as the battery tech is there, someone will figure out how to sell it. But it won't be anyone who has dealers whose business model centers on no longer needed maintenance.