There’s a big movement against that now, and the EU ICE ban has been recognized as unrealistic and has been lifted. The people are recognizing that this would represent economic suicide, and the public are not willing to give up the freedom of personal mobility or restrict themselves into living in crowded conditions huddled around public transit. I think the conflict with Russia has pushed them over the limit and demonstrated how their grid and economic structure simply can’t handle such a ban.
Electronics have a far higher profit margin than EVs, as they are profitable for every unit sold, whereas all manufacturers with the exception of Tesla lose money on every vehicle. Ford recently announced that for every EV they have sold this year, they lost $33.5K. The electronics industry is a massive global phenomenon with mobile devices that go beyond just mobile phones, and battery life is a primary selling point in the industry for these products.
There’s a big movement against that now, and the EU ICE ban has been recognized as unrealistic and has been lifted. The people are recognizing that this would represent economic suicide, and the public are not willing to give up the freedom of personal mobility or restrict themselves into living in crowded conditions huddled around public transit. I think the conflict with Russia has pushed them over the limit and demonstrated how their grid and economic structure simply can’t handle such a ban.
Electronics have a far higher profit margin than EVs, as they are profitable for every unit sold, whereas all manufacturers with the exception of Tesla lose money on every vehicle. Ford recently announced that for every EV they have sold this year, they lost $33.5K. The electronics industry is a massive global phenomenon with mobile devices that go beyond just mobile phones, and battery life is a primary selling point in the industry for these products.