‘Green Panic’: Auto Execs Are Sensing EV ‘Multi-Billion-Dollar Electrification’ Collapse

"People are finally seeing reality," says Toyota. "This is a pretty brutal space," says Mercedes. GM sees the transformation to EVs as "a bit bumpy." Statements like these indicate the auto industry is in a free fall, along with customer demand. These execs should be wondering, "How stupid were we to buy into this stupid electrification scheme in the first place?" The "Green Panic" will continue.