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It isn’t about development investment. It’s about engines. Engines have long tail after sales profits from maintenance and parts.
It’s why Toyota recently unveiled their ammonia fueled engine and declared electric vehicles are dead.
Electric engines remove a ton of after sales profits in the form of servicing, spare parts and upgrades.
It isn’t about development investment. It’s about engines. Engines have long tail after sales profits from maintenance and parts. It’s why Toyota recently unveiled their ammonia fueled engine and declared electric vehicles are dead. Electric engines remove a ton of after sales profits in the form of servicing, spare parts and upgrades.