The Electric Car, or MPG "what me worry?" Message Board

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Technology Stocks : The Electric Car, or MPG "what me worry?"

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Eric

From: Savant	2/27/2024 7:57:31 PM
	1 Recommendation of 17522

Deluge, Tsunami, or Wrecking Ball?>>> 'A deluge of electric vehicles is coming' (msn.com) 'China's electric vehicles are going to hit Detroit like a wrecking ball'Robinson Meyer in The New York Times America's Big Three automakers — Ford, General Motors and Stellantis — are in "big trouble," says Robinson Meyer. They're getting "outmaneuvered and missing their goals for electric vehicle sales" as "a new crop of Chinese automakers," especially EV and plug-in hybrid specialist BYD, prepare to "flood the global market" with affordable EVs. The good news: If foreign companies can achieve the goal of "making electric cars popular and cheap," U.S. automakers "can do it too," with "grit and good-faith effort."

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