Monday, October 14, 2019

WILL THE DEATH OF COMBUSTION ENGINES BE OUR ECONOMIC END?

Submitted by: Larry Jordan

https://www.zerohedge.com/political/35-billion-uk-faces-huge-loss-electric-vehicle-adoption


There will be significant job losses in most Western countries as auto industry - related jobs losses will cascade throughout their economies. And there are 3.5 - 4 million U.S. truck drivers and the manufacturers seem to be as gung - ho as car manufacturers regarding autonomous trucks. As one VDARE.com article in 2018 put it, have our leaders thought the coming automation / robotics challenge of the century through. In my blunt, brutal opinion, they have not.

BMW was profiled several weeks ago in a Bloomberg article on electrification and the auto industry. Far fewer engine parts and a host of suppliers won’t be needed, and auto manufacturing accounts for a very significant percentage of the German economy. 


The Twilight Of Combustion Comes For Empire Of Engines 

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