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Originally Posted by M3WC
The serious question is will the market share be there in 2035? Right now EV's makeup only 6% of US new car sales(Tesla owns over 60% of that). Mary has invested GM's entire future on EV's and promises to be all electric by 2035. All these brands that have set hard transition dates and invested 100bills will be in trouble if they are decade off on adoption rate. They could all be left fighting for a small market share of new car buyers. All while Akio Toyoda is sitting laughing selling every new Prius they can sell. I am not against EV's in the slighest, we have a EV and a plugin hybrid in are household. But I get a feeling some of these brands setting hard EV transition dates could end up in trouble. Keep in mind GM is currently making record profits all while selling 90+% ice vehicles(they are just going to abandon that?).
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Industry forecasts call for BEV to make up 50% of new vehicle production in 2031 in North America.