- Aug 31, 2018
- Reaction score
- Wiltshire UK & Charente FR
- First Name
- Mustang V8 GT, Ford Kuga PHEV, Lotus Emira (order)
This is market dependent and manufacturer dependentI would take the time to listen to Ben. He disclosed as to the whys and how comes. The points he makes are an eye opening truth. It’s going to take 10 of millions if not hundreds of millions of dollars to retrofit ICE car manufacturers with the equipment needed to make EV cars. Why GM is pushing back on EVs. It’s going to take money they don’t have at the moment. And with car sales in the dumps right now because of interest rates and pricing profits are on their way down.
Now he also made a great point that EV manufacturers are direct to customer sales. No dealerships involved. They started as EV manufacturers so no retrofit. Their mechanics are educated on these vehicles so no need to retrain. The ICE manufactures re not just a step back they are about 5 steps behind with no real clear view of how they are going to catch up.