3 ms·
They have their niche. The competition in EV is strong from China and Tesla. They’ll need heavy government subsidies to break into that market. But they can be
by gochona 2y ago
They have their niche. The competition in EV is strong from China and Tesla. They’ll need heavy government subsidies to break into that market. But they can be the reliable low cost ICE producer and outcompete everyone else. In fact they’ll have less competition when demand gets lower for ICE.
- EricE 2y agoHardly. EV sales are slowing down. All the people willing to put up with EVs have bought; the market is saturated. Demand for ICE isn't going anywhere.
- fckflorida 2y ago[dead]
- taylodl 2y ago> Demand for ICE isn't going anywhere. Yes it is. People are tired of the high prices, the smog, and sending their sons and daughters to fight and die in wars for oil while Big Oil executives rake in millions. No thanks. Yes, we're transitioning and that will take time - longer than I think some people are hoping for, but we're transitioning nonetheless.
- timbit42 2y agoEV sales will pick up again as they continue to get cheaper and become less expensive than ICEVs.