Part 2/9:
Dr. Palmer argues that car manufacturers opting to delay their transition to EVs do so at their own peril. According to him, these delays only serve to give competitors, particularly China, more time to dominate the increasingly lucrative electric vehicle market. Palmer reflects back on 2014 when he confidently asserted that autonomous vehicles would be prevalent by 2023—a prediction that remains unfulfilled.
He highlights a key point: convincing consumers that EVs are a viable option is no longer necessary; the economic advantages are clear. Palmer emphasizes that electric vehicles are not only cheaper but also offer an array of features and driving experiences comparable to their gasoline and diesel counterparts.