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Comment by tzs

I wonder if history is going to repeat itself?

In the '70s the US changed emission standards to be quite a bit more strict, as part of the Clean Air Act of 1970. The problem of smog in major cities was getting out of hand.

Also in the '70s there were periods of gas shortages and high prices due to world events that messed up oil markets, such as the Arab Oil Embargo in 1973 and the Iranian Revolution in 1979. This led to demand for more efficient cars.

US automakers were slow to respond. The often just retrofitted existing engines with emission control equipment that significantly lowered performance and reliability.

Japanese automakers, who at that time had only a small share of the US market and were not really taken seriously by most consumers, were also dealing with new strict emission standards in Japan. But they responded by quickly designing new engines designed with low emissions and better mileage. And they exported those cars to the US.

By the time US automakers finally started making new design decent low emission cars with better gas mileage instead of badly retrofitting existing designs those Japanese makers had established with the public a reputation for making reliable, efficient, low emissions, and affordable cars.

Some people said the Japanese cars were only affordable because of cheap labor in Japan. (Japan in the '70s was like China is today when it comes to manufacturing). But then the Japanese car companies started manufacturing many models in the US, showing that affordable, high quality, reliable cars that met emission standards and were efficient could be made with US labor.

I wonder if we are going to see the same thing with EVs?

parent tzs 1 year ago

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