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this post was submitted on 15 Oct 2023
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American, Japanese, and European car manufacturers had decades head start in this area and they blew it chasing higher profit margins on large trucks and SUVs with lax EPA gas mileage restrictions at a time when climate change has become a major crisis.
Invested in lobbying instead of products
And BS green washing with dead end hydrogen demo cars.
Yeah they're so weirdly fucking attached to hydrogen cars even though there has never been anything even remotely approaching a solution to their problems.
The execs could make extra money double dipping from oil companies, they are taking marketing funds from oil companies pushing hydrogen too.
Utility companies are often public and even otherwise evs don't really have the same margins for electricity.
Who Killed the Electric Car is an excellent look at early EV business in North America
Petrol cars go brrrrrr
I still get angry thinking of what happened
American gasoline cars suck and are more embarrassing than other country's gasoline cars, but Chinese EVs are not at all a viable competitor in the market yet and so far have consistently failed to even gain a foothold for 15 years straight.
If you have any counterargument to that, I'd like to see it.