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Sunday, 12/27/2020 1:36:27 PM

Sunday, December 27, 2020 1:36:27 PM

Post# of 1583
Race is on as carmakers shut, switch or sell combustion engine factories

Traditional manufacturers are currently playing a “zero sum game” because growth in electric car sales eats into the value of internal combustion engine factories, which “are effectively stranded assets”, a leading analyst has warned.

https://www.theguardian.com/business/2020/dec/27/combustion-engine-car-factories-are-stranded-assets-in-age-of-electric

If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

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