Quote:
Originally Posted by allinon72
Quote:
Originally Posted by heavyD^2
It would be suicide for large car companies to divert all their resources into a market segment that only amounts to 2% of vehicles sold.
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You would think, but that's exactly what's happening. Nearly every auto manufacturer is pouring billions into EV development. They must be working off data that isn't available to the public, because it seems the decision has been made for humanity that EVs are the future, regardless of customer demand or potential drawbacks.
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EV is 95% driven by government policy from EU, China, US.
EU accelerated their policy due to VW Dieselgate.
China is trying to clean up its air so is essentially banning ICE for passenger vehicles.
US started a little sooner by regulating CO2 as an emission.
Higher emissions requirements is just a means to and ends. The ends being an essential ban of the ICE.