Once serious critical mass begins with electric vehicle sales—how are hundreds of millions of people around the world going to get rid of their internal combustion engine vehicles when no one wants to buy them anymore?

Question

Once serious critical mass begins with electric vehicle sales—how are hundreds of millions of people around the world going to get rid of their internal combustion engine vehicles when no one wants to buy them anymore?

In: Economics

Answer 1

Don’t overestimate the electic market. There are a lot of kinks that still need to be worked out

https://www.reuters.com/business/autos-transportation/industry-pain-abounds-electric-car-demand-hits-slowdown-2024-01-30/