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Electric Vehicles: The New Landlines

Electric Vehicles: The New Landlines
Electric Vehicles: The New Landlines

Pete Buttigieg's Analogy: Electric Vehicles and Landlines

Secretary of Transportation Pete Buttigieg has drawn parallels between the current resistance to electric vehicles (EVs) and the initial reluctance to embrace cell phones in the early 2000s. Buttigieg argues that, just as landlines eventually gave way to mobile technology, the automotive industry is inexorably shifting towards EVs.

The Push for EVs and the Challenges Ahead

Despite a reported downturn in EV sales, Buttigieg emphasizes that consumer demand for EVs has consistently increased year over year. He sees Tesla facing growing competition from established automakers such as GM and Ford as they seek a slice of the EV market.

However, the transition to EVs faces challenges. Wall Street analysts p

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