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RE: LeoThread 2025-03-04 20:25

in LeoFinance17 hours ago

Part 3/9:

A critical concept circulating in the industry is known as the "death spiral," which suggests that as interest in EVs rises, those automakers solely focused on gas-powered vehicles will see a decline in their sales. Analysts predict that as they sell fewer combustion vehicles, their economies of scale will falter, leading to increased costs and reduced profits. Notably, Ford is currently losing tens of thousands of dollars on each electric vehicle it sells, illustrating the significant financial burden that electric production imposes on legacy manufacturers.

The Future of ICE Vehicles