this post was submitted on 18 May 2024
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[Dormant] Electric Vehicles

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[โ€“] Test_Tickles@lemmynsfw.com 2 points 5 months ago

You do realize that vertical integration is just another way of saying megacorporation, or multinational, or monopoly, or cartel? Vertical integration makes huge, soulless corporations, that are inflexible and unable to adapt. They are exactly the thing that most people hate about American capitalism.
Just look at Toshiba, GE, Ford, and GM for some examples of companies that abandoned or outright collapsed under the weight of vertical integration. Oh wait... it seems like Ford and GM have already done the vertical integration thing and largely abandoned it. In fact, could it be that the existing remnants of previous vertical integrations are exactly what makes them so unable to "just switch to EVs" like you're suggesting?