I found myself thinking the manufacturers going broke and market chaos is what I would expect to see during the changeover from ICE to EV's. From 2020 to 2025,

I found myself thinking the manufacturers going broke and market chaos is what I would expect to see during the changeover from ICE to EV's. From 2020 to 2025, production of EV's went from 6.3% to around 50%. Give the principle cost of an EV is the battery, and battery prices having dropped about 30% in the past year, of course the price curve is taking a downward dip. The price may be crashing, by the industry produced 2.3% more cars than the previous year. If the price keeps dropping, that will keep making more and more up. That ain't what I would call a crash. But I guess if the USA's tariff wall does keep these Chinese EV's bay for a while, then when it collapses we will get to witness a real crash as the USA car industry implodes.