- With the market for electric vehicles being cooler than expected, automakers are anticipating the need for combustion powertrains to stick around longer.
- Many manufacturers are instituting a "flexible" approach to maintain factories and supply chains for ICE, hybrid, and BEV platforms.
- This approach could lead to underutilized factories, resulting in instability, layoffs or even plant closures during a crucial period of transition.
The auto industry's transition from combustion to battery power has been a fickle one. Automakers have had to remain agile to changing market conditions, never keeping 10 toes on the ground at any given time.
