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RE: LeoThread 2024-11-14 11:34

in LeoFinancelast month

Part 2/4:

The Challenges of Reaching 100% EV Adoption

Despite the positive trends in EV acceptance, the transition to a fully electric vehicle (BEV) future by 2029, as predicted by Elon Musk, may face significant challenges. The other major automakers appear to be struggling to keep up with the pace of change, and it's unclear if they will be able to deliver the necessary volume of EVs to meet the anticipated demand.

The discussion explores the potential solutions, such as Tesla partnering with other manufacturers to build factories and provide the necessary technology and expertise. This "Foxconn-style" approach could allow legacy automakers to quickly ramp up their EV production without having to start from scratch.

The Evolving Demand for Personal Transportation

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