While the industry bets on an EV future, achieving aggressive market-penetration forecasts will prove difficult. ICEs will serve as a hedge against the risk. Few challenge the premise that EVs are the transportation end game. But there are persistent questions regarding how soon North America and other world regions will achieve the EV sales penetration rates being projected by OEMs and mandated by legislators. Why? It's an investment gamble on a massive scale. Getting the transition from the ICE-dominated present to the electrified future wrong will jeopardize not only the auto industry but entire national economies as well.
展开▼