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To: blueplum

I think like four years ago in Germany, they laid out the whole future for E-cars....admitting that the whole car industry would downsize by 2030....cutting around 30 to 40 percent of all jobs. At least they were very honest about this business...there is zero growth in the future for the car industry...only downsizing.


10 posted on 02/06/2021 11:31:16 PM PST by pepsionice
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To: pepsionice

unless you’re China

“...The automotive industry in China has been the largest in the world measured by automobile unit production since 2008.[3][4][5] Since 2009, annual production of automobiles in China exceeds both that of the European Union and that of the United States and Japan combined.[citation needed]...The consultancy McKinsey & Company estimates that China’s car market will grow tenfold between 2005 and 2030.[14]”

wiki
https://en.wikipedia.org/wiki/Automotive_industry_in_China

“Goldstein Market Intelligence analyst forecast the Automobile Industry in China is likely to grow at a CAGR of +5% during the forecast period 2017-2030.”
https://www.goldsteinresearch.com/report/china-automotive-industry-outlook


21 posted on 02/07/2021 9:37:25 AM PST by blueplum ("...this moment is your moment: it belongs to you... " President Donald J. Trump, Jan 20, 2017) )
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