Investors Get Ready for the Coming Electric Car Revolution
The decision makers in big auto are around 10y from their retirement. Reluctance makes sense for them. It&#x27;s similar to the consulting project I had at uni with an O&amp;G company: everyone knows they should pivot for the sake of the next generation. On the other hand, upper echelons just want to simplify their life.<p>Now it&#x27;s the labor unions that are pushing german auto makers over the EV cliff. Ironically, they have the greatest incentives to innovate&#x2F;follow.<p>It&#x27;s bothering though, that redundancies will be massive no matter what exactly they do about EVs. Can anyone offer a growth perspective for that sector (=not some kind of UBI vision)? My initial thoughts were space. But this is not really were to retool design prowess and factories either.