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Why Detroit automakers are zombies

The rise of EVs, e-scooters and autonomous Ubers will spell the death of old automobiles sooner than you think

Traditional car companies are zombies. They’re dead but they just don’t know it yet.

By 2022, electric vehicles (EVs) will become cheaper to buy than gas cars. EVs are already cheaper on operating cost and maintenance cost. The electricity to power EVs costs 80% less than the gas to power a traditional car and electric car maintenance costs are 80% lower. A typical gas powered car has 2,000 moving parts, while an EV has 20. With thousands of fewer parts and no oil changes, there’s very little maintenance required for EVs.

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