Wright’s Law Spells Doom For Legacy Auto Around The World
In this article, I explain how Wright’s Law is impacting legacy auto sales in the US, Europe, and China, explaining the factors most affecting each market.
Image from DALL-E, created with the prompt “create a photo of the the grim reaper and an auto manufacturing car line. The grim reaper should be scary but the auto factory manufacturing line should be bright and clear.”. Wright’s Law is similar to the famous Moore’s Law of semiconductor progress, which has been pretty accurate for almost 60 years at predicting that the number of semiconductors doubles every 2 years.
I realize electric cars have been around for over a 100 years, but very few units were produced until recently. Now they are
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