The Rising Influence of Rising Affluence

[biocqr]

Apples & oranges. His predictions and timelines are overly aggressive IMO however the direction of the trend is generally in his favor.

Ford now plans for 40 EV models by 2022...

Ford plans $11 billion investment, 40 electrified vehicles by 2022

https://www.reuters.com/article/us-autoshow-detroit-ford-motor/ford-plans-11-billion-investment-40-electrified-vehicles-by-2022-idUSKBN1F30YZ

Ford Chief Executive Jim Hackett told investors in October the automaker would slash $14 billion in costs over the next five years and shift capital investment away from sedans and internal combustion engines to develop more trucks and electric and hybrid cars.

GM said last year it would add 20 new battery electric and fuel cell vehicles to its global lineup by 2023,

Volkswagen said in November it would spend $40 billion on electric cars, autonomous driving and new mobility services by the end of 2022

China, India, France and the United Kingdom all have announced plans to phase out vehicles powered by combustion engines and fossil fuels between 2030 and 2040.

Volvo Is Going Electric: Does that Mean Its Cars Will Cost More?
The automaker says every vehicle introduced after 2019 will be an EV or hybrid

https://www.consumerreports.org/volvo/volvo-is-going-electric-does-that-mean-its-cars-will-cost-more/

Jaguar Land Rover to Electrify Its Entire Lineup by 2020

https://www.consumerreports.org/hybrids-evs/jaguar-land-rover-to-electrify-its-entire-lineup-by-2020/