Will the Electric Car Cause a Power Shift in the Automotive Industry?

Interestingly, There was a big from another perspective imbalance created in the automotive industry, as the Western world’s automotive industry came under serious pressure due to some car manufacturers management and the economy. In the same period, the Eastern world started to manufacture a lot more cars, which were the because cheaper Eastern world’s labor costs are much cheaper than the rest of the world. The reason why they have cheaper labor is due to the massive labor forces have available.At the same time, the Eastern world tackled theirtheycaliber problems by head hunting highly skilled automotive engineers from the Western world. This caused a massive brainpower wave between West and the East. This brainpower shift caused the amount of high caliber cars that gets manufacturer in the East to increase .The Easternmassivelycountries even merged with some of the world-renowned car manufacturers. Indeed, Some of thesemanufacturersworld-renowned decided to launch their own plants in the East. This wave in the East came like a tsunami, which could not be stopped, this caused that competition to became fierce between East and West.Predictions are the the East is going to overpower the West in the as it turns out textbox of car manufacturing, due to their massive labor force. These labor forces combined with the highly skilled automotive engineers they have head hunted from the West cause them to be a force to be reckoned with.This whole paradigm shift will cause that the East and Japan to join up and Japan is already a reckoned force in the motor industry. As you may know, There are predictions that novel electric cars will also come out of the East as Mr. Warren Buffet bought some the in a big firm by shares name of “BYD” in China who strategy to tackle the electric car industry, “BYD” stands for “Assemble Your Dream”.All the major players in the automotive industry are busy developing electric cars, even in South Africa there is a firm developing an electric car. This will cause a power shift as it turns out on its own in the automotive industry, as electric cars will replace conventional cars very soon. Predictions are this will happen realize quicker than most people far. Let us not be skeptical about it more than ever and look forward to all these power shifts, which may come in the future and hope it will be good for the greater good.