n1b0mMar 21

Why western carmakers' retreat from electric risks dooming them to irrelevance

https://www.theguardian.com/business/2026/mar/21/west-carmakers-retreat-electric-vehicle-risks-irrelevance-iran-war-evs-china

‘It’s stupid’: why western carmakers’ retreat from electric risks dooming them to irrelevance

Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say

The Guardian
Show threadtahoeskibum
Weird headline: Japanese carmakers are doing the same error, while Tesla (an American company) is the one of the leading electric carmakers... I'd just replace it with Legacy Carmakers (e.g. Ford, GM, Toyota and so on).
Mar 21 at 2:11pmWeb
Show threadimpossibleforkMar 21
I feel that Renault is also standing out as a company that's going in the opposite direction.
Show threadfullsharkMar 21
Tesla is also retreating from the being a car company, at least they don't see being a company that sells electric cars to consumers being a great business to be in long term.