False equivalence. Try an example in a modern, capitalist environment and where the solution is MORE people will buy vehicles, as in more people could read books. Compare apples to apples.
I don't need an endgame. The endgame I refer to is the solution 280,000,000 US registered vehicles converted to EV. This analysis shows the aftermarket parts industry doing very well post pandemic
The United States Aftermarket Automotive Parts & Components Market is growing at a CAGR of 2% over the next 5 years. Magna International Inc., Continental AG, ZF Friedrichshafen AG, DENSO Corporation and Lear Corporation are the major companies operating in this market.
www.mordorintelligence.com
It also speaks to the EV aftermarket parts. There are two components that I see, the SEMA type for the modders and the FRAM filter type, instead of buying OEM parts. This report indicates that the second part makers will just start making EV drivetrain components.
In the end, I believe Toyota is correct. While he is speaking worldwide that there will be 30% penetration, I expect he is correct for the US, IOW someday I can see 93M EVs registers on US roads and they never exceed 33% penetration.
Will the modders, that is those who modify their cars as a hobby buy EVs? I doubt it. The whole point is to tinker with the drivetrains. If true, the won't buy EVs anyway and therefore the SEMA type market not effected.