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.
Mexico sold roughly five times as many EVs this year as last
Other areas of note are the United Kingdom, which saw a roughly 17 per cent increase year-to-date.
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.