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

There was a big imbalance created in the automotive industry, as theandWestern world’s automotive industry came under serious pressure due to some car manufacturers management the economy. Interestingly, In the same period, the Eastern world started to manufacture a lot more cars, which were cheaper because the 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 they have excellence.At the same time, the Eastern world tackled their available problems by head hunting highly skilled automotive engineers from the Western world. It’s worth noting between This caused a massive brainpower wave that West and the East. This brainpower shift caused the amount of high caliber cars that gets manufacturer in the East to increase massively.The Eastern countries even merged with some of the world-renowned car manufacturers. Some of these world-renowned manufacturers decided to launch their own plants in the East. This wave in the East came like a tsunami, to could not be stopped, this caused the competition which became fierce between East and West.Predictions are that the East is going to overpower the West in the input 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 wholeJapanparadigm shift will cause that the East and to join up and Japan is already a reckoned force in the motor industry. There are predictionsthat recent electric cars will also come out of the East as Mr. Warren Buffet bought some shares in a big company by the name of “BYD” in China who blueprint 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 company developing an electric car. This will cause conventional power shift on its own in the automotive industry, as electric cars will replace a cars very soon. Predictions are this realize happen far quicker than most people will. Let us not be skeptical about it and look forward to all these power shifts, which may come in the ahead and hope it will be good for the greater good.