One_Nation
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Japanese aren't doing anything wrong.
The problem with traditional automakers is that electric cars are based on a completely different technology compared to combustion engines. Combustion engines have lots of moving parts so its harder to achieve efficiency and reliability which have been perfected by traditional car makers. Any newcomer in that industry has an uphill task of achieving that efficiency and reliability.
This is not an issue with electric motors. Even Toshiba came up with a concept electric car.
Traditional car makers cannot dominate in that area. They can only leverage existing brand value to push electric cars but they will eventually be challenged by equally good or better product from a new comer like tesla and Chinese electric cars.
The problem with traditional automakers is that electric cars are based on a completely different technology compared to combustion engines. Combustion engines have lots of moving parts so its harder to achieve efficiency and reliability which have been perfected by traditional car makers. Any newcomer in that industry has an uphill task of achieving that efficiency and reliability.
This is not an issue with electric motors. Even Toshiba came up with a concept electric car.
Traditional car makers cannot dominate in that area. They can only leverage existing brand value to push electric cars but they will eventually be challenged by equally good or better product from a new comer like tesla and Chinese electric cars.