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

There was a big imbalance created in the automotive industry, as the Western world’s car industry came under serious pressure due to some automotive manufacturers management and the economy. 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 than the rest ofcheaperthe world. The reason why they have cheaper labor is due to the massive labor forces they have available.At the same time, the Eastern world tackled their quality problems by head hunting highly skilled automotive engineers from the Western world. This causedbetweena massive brainpower wave West and the East. This brainpower shift caused the amount of high quality cars that gets manufacturer in the East to increase massively.The Eastern countries even merged with some of the world-renowned car manufacturers. Some more than ever of these world-renowned manufacturers decided to start their own plants in the East. This wave in the East came like a tsunami, which could not be stopped, this caused the competition to became fierce between East and West.Predictions are that the East is going to overpower the West in the entry 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 to be reckoned with.This whole paradigm shiftforcewill cause that the East and Japan to join up and Japan is already a reckoned force in the motor industry. There are predictions that fresh electric cars will also come out of the East as Mr. Warren Buffet bought some shares in a big corporation by the name of “BYD” in China who strategy to tackle the electric car industry, “BYD” stands for “Develop 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 on its own in the automotive industry, as electric cars will replace conventional cars very soon. Predictions this will happen fararequicker than most people realize. may us not be skeptical about it and look forward to all these power shifts, which Let come in the prospect and hope it will be good for the greater good.