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Car manufacturers are all researching EVs because they can see which way the wind is blowing, but while people are still buying ICEVs, they’ll keep making them.
Yes, agreed - research as an insurance policy, get a single model to market so you dont fall behind, but to answer
At least half of those companies have been working on their own EVs for longer than Tesla has been designing and building cars but are choosing not to make the switch yet. I'd like to understand why.
Their business is built on ICE vehicles, and as long as none of the big manufacturers breaks ranks and goes full speed ahead with a wide range of electric vehicles, produced at a scale that reduces the unit cost so they are cheaper than the ICE alternative, then tesla will remain a niche manufacturer with an insane valuation
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cookiemonster
@h2o
I think the simple answer is that many people will continue to buy ICE vehicles so long as they are available, cheaper than EVs, and have decent range. Quicker charging and more charging points would also help a lot. If you want more people to buy EVs, you have to make them cheaper, extend their range, and/or ban ICE vehicles. Car manufacturers are all researching EVs because they can see which way the wind is blowing, but while people are still buying ICEVs, they’ll keep making them.