11-07-2022, 09:27 AM
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#710
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First Line Centre
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Quote:
Originally Posted by Street Pharmacist
I would agree. But the proof is in the pudding in regards to the "electric cars can't scale, they're unprofitable, and no one wants them" arguments from OEMs over the last 8-10 years.
My point is that it all boils down to profit really being the reason OEMs claimed they couldn't make EVs. That argument now falls flat on its face. The shift is now on with most OEMs planning to electricify their entire fleet by 2035 and it's profit, not "green washing" driving the change. Electric is more profitable. VW, Mercedes, Ford, GM, BYD, Volvo, Jaguar-Land Rover, among others. And I'm certain more will be added and those deadlines will be moved up, not back.
It's existential to do so and to such a point that Toyota is now way behind and spends almost as much as O&G on lobbying against EV adoption legislation:
https://driving.ca/auto-news/industr...olicies-report
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As I understand some of it is just accounting geography, as Tesla doesn't include cost of R&D in their margins while all other manufacturers do.
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