Lantley wrote:
We can pick ice vs. EV or Fossil vs. Renewable.
But the battle is between old established money the future captains of industry.
The old money will try to slow things down and hang on as long as possible.
I’m not sure I buy into that at all. The ‘future captains of industry’ are losing market share at a pretty dramatic pace.
They are losing that market share to the ‘old established money’.
Tesla’s market share in 2021 was about 78%, last year it was down to 58%.
On the other hand, Ford saw a 126% gain in EV vehicle sales. They are currently number 2 in EV sales.
