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Has Car Ownership Peaked, and Is Joe Biden Too Physical?
After Hours
The Slow Death of the Internal Combustion Engine
We're witnessing now the slow death of the internal combustion engine. China is pushing very, very hard to make electric battery operated vehicles. Once you go to electric, entry barriers will come down dramatically. And so with the decline in barriers to entry, achieving profitability,. which by the way, is not easy today, will be even more difficult because you'll have many more players.
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