We are looking at a point where ICE sales will fall off a cliff. This already occurred in China to some degree and I forecast it will accelerate in 2025.
In this video I discuss how we are looking at something that was forecast a number of years back. The valley of death is where ICE declines while EVs increase, causing an evenually surpassing. This is a problem for legacy auto.
▶️ 3Speak
While that would be nice, it doesn't seem very plausible...
The data says otherwise. ICE vehicle sales are down significantly since 2017 and the pace is acclerating in the largest car market. We already see Stellantis, VW, and Nissan in a world of trouble.
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