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

Predictions arefarthis will happen quicker than most people realize. 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 textbox of car manufacturing, due to their massive labor force. 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. The reason why they as it turns out have cheaper labor is due to the massive labor forces they have available.At the same time, the Eastern world tackled . quality problems by head hunting highly skilled automotive engineers from the Western worldtheir Some of these world-renowned manufacturers decided to access their own plants in the East. Interestingly, This will cause a power shift on its own in the automotive industry, as electric cars will replace conventional cars very soon. 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. It’s worth noting that Warren Buffet bought some shares in a big corporation 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 business developing an electric car. Actually, There are predictions that fresh electric cars will also come out of the East asMr. In fact, Let us nottobe skeptical about it and look forward all these power shifts, which may come in the ahead and hope it will be good for the greater good. This caused a massive wave between West andbrainpowerthe East. These labor industry 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 forces. There was a big 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.