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Old 04-19-2022, 06:13 PM
markinnaples markinnaples is offline
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In my opinion, finally someone takes a moderate stance on the future.
https://www.roadandtrack.com/news/a3...ous/?source=nl

Quote:
Automakers have been constantly one-upping each other recently, trying to convince the public that they alone are the most serious about EVs. But BMW CEO Oliver Zipse seems to think that is going too far. In a roundtable interview reported by Reuters, Zipse cautioned that automakers shouldn't get too reliant on all-electric strategies that only work in select markets.

"When you look at the technology coming out, the EV push, we must be careful because at the same time, you increase dependency on very few countries," Zipse told reporters, according to Reuters. EVs are primarily popular in highly developed markets like China and Europe and also depend on raw materials that flow mostly through China. And as the pandemic and current trade sanctions on Russia show, depending too much on any one set of market conditions or single chain in a supply line can be dangerous.
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