The internal combustion engine is going to meet its demise soon, and it will come at the hands of Tesla and China EVs.
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The Internal Combustion Engine's Days Are Numbered
There is a giant tsunami coming that when it hits, the internal combustion engine vehicle is going to become obsolete. This is coming sooner than you might think.
The internal combustion engine vehicle has been the king of the road for over 100 years - even before the first Ford Model T vehicles rolled off the assembly line. In fact, the first gasoline automobile was designed in Springfield, Massachusetts and later sold in the U.S. around 1896 for $1,000 (today: $36,554). It looked like this:
The internal combustion engine caught on quickly, and society went from a horse and buggy society to quickly using gas powered cars.
The Ford Model T was introduced to the world in 1908 and Henry Ford wanted it to be affordable. It was a unique looking vehicle, with a long steering wheel handle, and two rows of comfortable seats with a foldable top. It was sold anywhere between $260 and $850, which is $8,677 to $28,368.84. This vehicle didn't have much else in it, though.
My how things have chanced and here in the year 2023, the gasoline powered vehicle is facing an upcoming tsunami that will wipe it off the face of the earth. Even though gas powered vehicles today are much improved from the Ford Model T, they have reached a limit, just like the horse and buggy. A gas powered car does not utilize technology that can exponentially improve, like batteries, which are declining in cost and improving in capability.
I remember getting my first new gas powered car. It was a Honda Fit and I got it in November 2008. That care served me well for 14 years, and I have since passed it down to my oldest daughter.
I now drive a 2022 Tesla Model 3 RWD. It's a spaceship compared to my Honda Fit, and it is the cheapest Tesla available on the market today.
Today, we have the incredible Model 3, which has inventory priced at $35,000 today. That's a compelling EV that is better than its gas car equivalent at that price.
The Tsunami that Will Wipe Out the Internal Combustion Engine
What is this tsunami that will wipe out the internal combustion engine? According to Steven Mark Ryan, from "Solving the Money Problem", the current gas powered car manufacturers like Toyota (and others) are building sand castles and are oblivious to the receding tide and existential threat about to destroy them.
He calls the upcoming tsunami violent, rapid, and complete with how it will disrupt and destroy the internal combustion engine vehicle. He goes on to say the following.
"Just a few years from now, consumers will need to be STUPID to buy an ICE vehicle."
"A superior, cheaper EV will BETTER meet customers needs AND offer many things an ICE vehicle can't - even at the lower end of the market. Tesla and Chinese EV companies will be producing these compelling, affordable EVs. Not today's high volume legacy automotive companies."
Companies selling millions of internal combustion engine vehicles today aren't going to be able to handle the drop in sales that comes over the next few years and at the end of the decade, many will have to downsize or merge with other companies to survive.
Now, you might think that EVs just don't have the range today that a gas car does, and a gas car can fill up faster. These two statements are somewhat true today, but they will not be true in a few years time, and especially at the end of this decade.
I expect, at the end of the decade, for a Tesla EV to be able to charge at a V5 Supercharger station for at least 500 kWh and to be able to top off its battery for 200 to 250 miles of range in 5 to 10 minutes from 20% to 80%.
When battery costs get so cheap that a replacement becomes $1,500 or less, people won't care about fast charging as often as possible, even if it degrades the battery faster.
The tsunami is coming, and I worry about any company that isn't Tesla or a China EV maker that isn't doing battery swap technology.
In Other Tesla News: Don't Forget About the Tesla Van - It's Coming and Will Be Built On the Cybertruck Platform: Amazing for Families
What do you think about the upcoming Tsunami that is going to wipe out the internal combustion engine vehicle? Will it be Tesla and China EVs that do this?
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Hi! I'm Jeremy Noel Johnson, and I am a Tesla investor and supporter and own a 2022 Model 3 RWD EV and I don't have range anxiety :). I enjoy bringing you breaking Tesla news as well as anything about Tesla or other EV companies I can find, like Aptera. Other interests of mine are AI, Tesla Energy and the Tesla Bot! You can follow me on X.COM or LinkedIn to stay in touch and follow my Tesla and EV news coverage.
Image Credit, Steven Mark Ryan, Screenshot
Article References: Valley Reporter | Ford Corporate | Steven Mark Ryan
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