Originally Posted by
Pete
I hate to say this about the future of automobiles, but it's been pretty clear for a while that with EVs, it's more about software and electronics than manufacturing and as things stand now, I believe there is going to be a strong shift to products from Asia (particularly China, Korea and Vietnam) vs. Europe and North America.
It's already happening, it's just that the U.S. is going to be about the last place to replace most vehicles with EVs. Already a big deal in Asia and Europe is also moving much faster, so EV makers (popping up everywhere) will continue developing and targeting those markets while we generally sit on the sidelines, just like the last revolution in cars that started in the 70s and caused the Big 3 to totally get their butts handed to them once this country finally allowed a decent amount of imports.
Most of us won't live long enough to see this seismic change fully play out, but if you follow this industry as I have for over 50 years, the handwriting on the wall couldn't be more clear.
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