https://gmauthority.com/blog/2024/07...t-back-to-ice/
Quote:
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“There is still a lot of uncertainty on volumes and the market’s development,” Favre told Automotive News. “The shift to electric was imposed by regulators, it didn’t come because of demand deriving from consumers.”
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I know... Jim, I know that EV sales are still going up... but, as with any upward trend that approaches it's apex, the growth is slowing. I think it will stall, not accelerate, soon. Neither of us can predict the future, and we can both cherry pick our data, but I think the trending data is there. If/when the government steps back, either the Chinese flood the EV market or consumers go back to ICE/Hybrid.