[Martinjlm]

Originally Posted by Capricio

I would argue that policy is trying to force growth in europe and north america, with an obsession over tailpipe emissions on consumer vehicles, at the expense of every other environmental impact. Consumer demand will eventually follow because of a lack of ICE alternatives. I know you keep saying the OEMs willingly dove into this headfirst. Whatever, without policy in place, they never would have rushed into this. We don't need to rehash this, just agree to disagree.

The core of our difference is whether policy INITIATES growth or if policy SUPPORTS growth. It’s almost chicken and egg so we will likely just need to agree to disagree. If there is a “policy” that drives the growth in EU and NA, it’s Paris Accord and the fact that all the automakers are in support of the Paris Accord. The Paris Accord recommends actions that are not enforceable. So the fact that automakers are voluntarily aligned to support carbon emissions reduction, have set aggressive targets to achieve carbon neutrality, and have spent billions of dollars towards that outlines for me an automaker-driven shift to electrification.