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Old 10-09-2019, 03:19 PM   #1621
S2K
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Member#: 17623
Join Date: Apr 2002
Location: On the Hudson
Vehicle:
2004 STI Black/Gold
00 S2000, 98 SVT Contour

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Quote:
Originally Posted by dwf137 View Post
^ a whole bunch of yawn.

It's just a new player in the market, and was a temporary effect, as can be seen by their own graph. A bunch of people who already own a luxury car traded it in for another shiny new luxury car? Why is this news?
What I think this is an indication of is that the transition from ICE to EV is consumer driven and not by regulations.

ICE's will start depreciating faster, which will make consumers stop buying them, leading to all car manufactures moving all their future investments into EV's.

With a model cycle of 5-7 years the transition to EV's will likely for all new cars be before 2030.

And the next 5 years will be a good time to by you dream ICE car as a keeper

For me this is the early indications of this, hence news, but I may be wrong.
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