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Cake day: July 30th, 2024

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  • Perhaps a combination of many factors. Anti-EV lobbying being one.

    Transitioning from ICE to EV production will result in job redundancy in the manufacturing and assembly of engine, gearbox, exhaust, and other ICE-specific components. This could lead to mass layoffs, which would have severe political and economic implications .

    Additionally there is a significant technological gap between legacy ICE manufacturers and EV manufactures to the point that legacy auto may never bridge the gap and will always be a step behind new EV manufacturers. Which may lead the whole industry and even the country to be hesitant to switch.