Don’t phaseout dates set in the future create a spike in demand near the deadline?
Either people will be bored of ICEs for other reasons long before and make this a non event. Or, everyone will try to buy a new ICE in the year or two before they stop selling them. Automakers will use this as a justification for trying to move the deadline out. If that happens then the spike in electric drive will come at the next tradein time, not the deadline.
Either people will be bored of ICEs for other reasons long before and make this a non event. Or, everyone will try to buy a new ICE in the year or two before they stop selling them. Automakers will use this as a justification for trying to move the deadline out. If that happens then the spike in electric drive will come at the next tradein time, not the deadline.