Have We Seen Peak-ICE In The Auto Industry?
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The most ICE cars sold in the US were back in 2016. Since that time, we have seen the number of ICE vehicles decline. A large part of this is due to the recession the auto industry finds itself in.
In this video I discuss how EVs are expanding while the auto sector is facing major headwinds. What will it look like when things rebound? The presumption that everything will go back to normal. However, history shows that recessions favor disruptors.
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