Car demand will collapse as people move to cities. $100 billion was written off the stock value of car companies recently. The US economy is on a sugar rush from a trillion-dollar borrowing boost at the top of the cycle. Climate change getting out of control in 12 years? These and many other negative indicators can portend a recession, maybe a severe one. What are the implications for EVs?

IDTechEx will be hosting a free webinar on Thursday 7 March titled Electric Vehicles in Construction, Agriculture and Mining: Over $100 bn Market Emerging.

Bad strategy rather than tactics, such as misjudged new models, will kill several major automotive companies. They face a perfect storm of peak car, totally new technology, totally new markets and recession.

It is a rule-of-thumb that manufacturers should vertically integrate only when products and markets mature, so they can confidently shave off the last pennies of cost. One exception is when shortages loom: Tesla built its battery gigafactory fast using proven Panasonic technology. However, many suppliers now build battery gigafactories.

We move to cities and do internet shopping: that destroys the market for private cars and boosts demand for buses and delivery trucks. Monster Class 8 trucks are top polluters on US highways, all powering a boom in energy storage in buses and trucks. The new IDTechEx report, "Energy Storage for Electric Buses and Trucks 2019-2029" analyses the similar requirements.

The IDTechEx Show! on April 10-11 in Berlin brings together eight key disruptive technologies and their customers at one venue.

A large proportion of the cost, disruption, pollution and exposure to natural disasters in a city would be eliminated if there were no infrastructure.

IDTechEx will be hosting a free webinar on Thursday 14 February titled A Market Outlook for the Aerogel Industry.

The new IDTechEx Research report, "Electric Motors for Electric Vehicles: Land, Water, Air 2019-2029" measures how induction (asynchronous) motors are rapidly losing market share.