[T.B. Yoits]

It’s not moving fast, but ICE has been stagnant for 50+ years. Betting against the EV market force now is a lot like going for vacuum tubes in the 60s. It’s the dead end.

Electric cars are the old technology. They preceded steam powered cars, piston engines cars, rotary engine cars, and turbine engine cars.

What's changed is that automobiles have become standardized enough that government bureaucrats can stick their fingers in the process.

Finding and mining the components for batteries increases in difficulty. Melting and recycling internal combustion engines doesn't require finding and mining more iron or aluminum.

[Houserino]

EV’s aren’t ‘new’ in that sense of time, but they are the latest tech wave. When has it ever been a good idea to put your money against the latest tech wave?

Luddite economics rarely works. It’s some times off from being economical for most people, but it’s quickly changing. ICE cars are rising in price so fast it’s hard to keep up. EV’s are dropping at least as fast.

[rktman]

“Melting and recycling internal combustion engines” Using wind and solar? :-}