Saturday, June 22, 2024

Quo vadis car industry: ICE, EV, or fuel cells, or hybrid?

Every generation needs a revolution - an entrepreneurial revolution

The current car industry provide jobs to thousands others, affecting various sectors:  tires, spare parts, steel, upholstery, paint, chemicals and more   The decline of car manufacturing in Detroit caused  the decay of certain cities and towns.

So there are 4 directions for the car industry to take:   stay at ICE (Internal Combustion Engine), EVs (like Tesla BYD from China)  Fuel Cell (like Toyota) and Hybrid (to be taken by Honda, Toyota, and Tesla)

Tesla said that because of intense China competition, it is leaving EVs and go into hybrids/fuel cells.

Toyota and I agree, to pursue fuel cells

What do you think


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