Canada expects to announce this week that all new cars will have to be zero emissions by 2035, a senior government source said, as Ottawa is set to unveil new regulations in the latest example of countries around the world pushing for electrification.
That is not quite settled. The development of a new model takes something like four years and the basic tech a bit longer. The more places ban it, the more brands will actually honor their fossil phase out.
Eh, I have a genuinely hard time believing that companies who rely on what’s going to eventually be ‘free’ and ‘clean’ energy aren’t going to capitalize on it and make bank. Especially with the cultural zeitgeist of younger generations hating on fossil fuels.
It’s a fools errand to invest in fossil fuels. In the end, those fuels can just be shipped to your local power plant anyway until better nuclear comes along.
The Saudis have active plans to work with car makers to sell super cheap IC cars into the African market. Qatar owns a 17% stake in Volkswagen already. That might be used for similar purposes.
Africa is prime for solar in large swaths of the continent though. It’s really only rainy seasons when it gets sketch which can be supplemented.
It takes that Chinese and Russian infrastructure first though aye.