{"id":22399,"date":"2026-03-21T12:38:53","date_gmt":"2026-03-21T11:38:53","guid":{"rendered":"http:\/\/costops.com\/index.php\/2026\/03\/21\/its-stupid-why-western-carmakers-retreat-from-electric-risks-dooming-them-to-irrelevance\/"},"modified":"2026-03-21T12:38:53","modified_gmt":"2026-03-21T11:38:53","slug":"its-stupid-why-western-carmakers-retreat-from-electric-risks-dooming-them-to-irrelevance","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/03\/21\/its-stupid-why-western-carmakers-retreat-from-electric-risks-dooming-them-to-irrelevance\/","title":{"rendered":"\u2018It\u2019s stupid\u2019: why western carmakers\u2019 retreat from electric risks dooming them to irrelevance"},"content":{"rendered":"<p>Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say<\/p>\n<p>By the 1980s, Detroit\u2019s once titanic carmakers were being upended by rivals from Japan. Ford, General Motors and Chrysler had grown rich selling gas guzzlers, but when oil prices rose and suddenly cheap, fuel-efficient Japanese models looked attractive, they were unprepared. The collapse in sales led to hundreds of thousands of job losses in the automotive heartland of the US.<\/p>\n<p>Now western car manufacturers are making what one former boss calls a similar \u201cprofound strategic mistake\u201d as they pull back from electric vehicles (EVs) and refocus on the combustion engine just as oil prices are soaring once again. Experts say the industry\u2019s future \u2013 and that of tens of millions of jobs \u2013 could be on the line. This time, however, the threat is from China.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/mar\/21\/west-carmakers-retreat-electric-vehicle-risks-irrelevance-iran-war-evs-china\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/4be43872009262fe408c59f0cf518aa2d7783110\/1696_0_4016_3213\/master\/4016.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ee62dd739a53f0e6232612800772dc5d\" title=\"\u2018It\u2019s stupid\u2019: why western carmakers\u2019 retreat from electric risks dooming them to irrelevance\" \/>Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say<br \/>\nBy the 1980s, Detroit\u2019s once titanic carmakers were being upended by rivals from Japan. Ford, General Motors and Chrysler had grown rich selling gas guzzlers, but when oil prices rose and suddenly cheap, fuel-efficient Japanese models looked attractive, they were unprepared. The collapse in sales led to hundreds of thousands of job losses in the automotive heartland of the US.<br \/>\nNow western car manufacturers are making what one former boss calls a similar \u201cprofound strategic mistake\u201d as they pull back from electric vehicles (EVs) and refocus on the combustion engine just as oil prices are soaring once again. Experts say the industry\u2019s future \u2013 and that of tens of millions of jobs \u2013 could be on the line. This time, however, the threat is from China. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts say By the 1980s, Detroit\u2019s once titanic carmakers were being upended by rivals from Japan. Ford, General Motors and Chrysler had grown rich selling gas guzzlers, but when oil prices rose and suddenly cheap, fuel-efficient &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/03\/21\/its-stupid-why-western-carmakers-retreat-from-electric-risks-dooming-them-to-irrelevance\/\"> <span class=\"screen-reader-text\">\u2018It\u2019s stupid\u2019: why western carmakers\u2019 retreat from electric risks dooming them to irrelevance<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":22400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22399"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=22399"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/22400"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=22399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=22399"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=22399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}