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      12-29-2022, 12:49 PM   #1088
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Quote:
Originally Posted by Cos270 View Post
In short, most companies (basically everyone except VW and Stellantis) do not have the resources (capital, manpower or equipment) to offer both EVs and PHEVs in large volumes or varieties.
Making cars is INCREDIBLY capital intensive and margins are small. Those margins shrink even more for PHEVs because they have the challenges/costs associated with both ICE and BEV, with almost none of the benefits (from a manufacturing standpoint).
Retooling facilities and developing and implementing processes to make cars and components also takes time. The speed at which companies are attempting to switch to EV production is unprecedented, and it’s still a 3-5 year process at minimum.
If people do not buy EVs as governments and companies are expecting/hoping, companies that have a majority EV portfolio will not have the time and resources required to start making ICE cars or PHEVs to meet demand.
Awesome, understood.

So it is your view that companies are making the quick switch to EV because of anticipated regulations, correct?

I was kinda thinking they were moving with the market, to supply demand. So, regulations or no regulations, they’d still be selling what people wanted to buy. Is that not how you think?
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