Post #77 by Captkerosene on the BYD board

Stocks A to Z / Stocks B / BYD (BYDDY)

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The Toyota former CEO states: "People are finally seeing reality" - i.e. that the transition to EV light transportation is going to take longer than the public generally realizes. He thinks it will eventually happen but not on the time scale many expect. Many reasons - costs, range, time required to develop large material supplies needed, charging infrastructure, existing fleet replacement, etc. These issues are all known and have been pointed out but only now are starting to sink into public awareness.

He's wrong. People want more EVs, not less. What they want less of are inferior products made by legacy auto companies who haven't been able to keep up. Expect the carnage to continue.

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