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Every mainstream manufacturer and a handful of startups have started bowing to regulations, government influence, and the youngest generation of drivers to sink significant money into electric vehicles. It’s a noble thing that might be good for the environment, and it’s definitely good for an automaker’s bottom line, but are we to a point where it’s safe for all automakers to shift into an electric-only strategy? Well, there are a number of things to keep in mind, one of the most important being whether or not our electrical infrastructure can actually handle it, and then you’ve got the sheer cost, with one Mercedes executive recently saying that EVs won’t be getting cheaper anytime soon. The bottom line is that, right now, not everyone can afford to shell out EV money, and now BMW’s CEO Oliver Zipse, looks to that fact to explain why automakers should rely too heavily on all-electric strategies – at least not yet, anyway.
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