The timing of killing EVs is particularly bad. The global market is clearly moving toward electrification regardless of what any single manufacturer does. BYD, Tesla, and the Chinese EV makers are not slowing down. Every year Honda delays, the gap in battery technology, software integration, and manufacturing cost efficiency widens.

What makes this shortsighted is that EV development isn't just about the car — it's about building the software and battery supply chain competence that will define the next 20 years of automotive. You can't pause that for a few years and catch up later. The institutional knowledge, supplier relationships, and engineering talent move to whoever is actively building.

This feels like the Kodak pattern: a profitable incumbent deciding the future can wait because the present is still comfortable.

Wrong story. :)

https://news.ycombinator.com/item?id=47387268