The death of the internal combustion engine - The Economist

The Economist has described the change in the vehicle market in no uncertain words, "The death of the internal combustion engine." The article and the cover page for the issue shows a Rick and Morty style cartoon of an old combustion engine that looks positively dead and well worked. There is no doubt that the combustion engine and the vehicles it propelled and propels still today have changed the world but as is being said by many, the EV is simply a better technology.

Petrol cars will vanish in eight years, says US report

It is an existential threat to Ford, General Motors, and the German car industry. They will face a choice between manufacturing EVs in a brutal low-profit market, or reinventing themselves as self-drive service companies, variants of Uber and Lyft.

They are in the wrong business. The next generation of cars will be “computers on wheels”. Google, Apple, and Foxconn have the disruptive edge, and are going in for the kill. Silicon Valley is where the auto action is, not Detroit, Wolfsburg, or Toyota City.

The shift, according to Prof Seba, is driven by technology, not climate policies. Market forces are bringing it about with a speed and ferocity that governments could never hope to achieve.

Electric vehicles have one hundred times fewer moving parts than petrol-powered ones Credit: Steve Gillett / Livepix

http://www.telegraph.co.uk/business/2017/05/14/petrol-cars-will-vanish-2025-says-us-report/