Auto experts say old-line companies risk becoming obsolete if they don’t learn how to make appealing, profitable electric vehicles, which most executives expect to eventually replace cars that run on gasoline despite the Trump’s administration efforts to promote fossil fuels. Improvements in electric vehicle technology mean that, within a few years, they will be cheaper to buy and will charge in 15 minutes or less.
One of the biggest problems established manufacturers have is that many of the electric models they sell have fared poorly against cars from Tesla and other newer companies.