[V__]

All major car manufacturers already set earlier dates to phase out their ICE production. This announcement has basically no impact.

I also don't buy the argument that this is going to be a problem energy- or grid-wise. It's 12 years out and the grid has to change anyway. If it doesn't until then, then it will be the least of our problems.

[Jon_Lowtek]

The regulatory target date and the goals of the industry are not unrelated. It is unsurprising the laws are set to change after the dates the major players in the industry claim they can achieve the new regulatory standards.

And i don't think it has no impact, my trust that any car manufacturer would even consider this, leave alone see it to the end, without such regulation, is very limited.

[Tanoc]

A large reason that manufacturers have jumped onto EVs with such enthusiasm has nothing to do with regulations or wanting to get ahead of them. It's entirely because EVs sans batteries are extremely cheap to manufacture at scale and are vastly more modular than even the very prevalent front wheel drive layout and platform sharing combination. The number of components is much smaller by half or even more, the cost of servicing the vehicles is much lower during the warranty period, and the permutations that can be made with the same basic parts are limited only by crash and class size regulations.