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Mexico sold roughly five times as many EVs this year as last
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Other areas of note are the United Kingdom, which saw a roughly 17 per cent increase year-to-date.
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In Turkey, the EV market grew by almost 50 per cent year-to-date
Basically in countries with no legacy auto manufacturers, EV sales increase much more rapidly.
Why would that be? Anti-EV lobbying from legacy auto manufacturers?
Perhaps a combination of many factors. Anti-EV lobbying being one.
Transitioning from ICE to EV production will result in job redundancy in the manufacturing and assembly of engine, gearbox, exhaust, and other ICE-specific components. This could lead to mass layoffs, which would have severe political and economic implications .
Additionally there is a significant technological gap between legacy ICE manufacturers and EV manufactures to the point that legacy auto may never bridge the gap and will always be a step behind new EV manufacturers. Which may lead the whole industry and even the country to be hesitant to switch.
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