Earlier quoted context omitted.
I really don't understand the whole cars are in league with big oil. What on earth do the car companies have to get out of it? The big name in the 90s, Ballard, had buy in from a couple of car companies and no oil companies.
"I really don't understand the whole cars are in league with big oil." Yeah, nobody would ever "conspire" when trillions upon trillions of dollars in economic activity, millions of entrenched (and often unionized) jobs, hundreds of billions of dollars of sunk cost in infrastructure, the economies of entire nations and regions of nations, and generations of established thinking are at stake. That never happens. The pa…
While perhaps not quite at the same scale as gas-powered cars, I've been up close & personal with two very large industries going from world-dominating to patent-fire-sale in a very short time. Smith Corona used to be the most recognized brand on the planet, dominating the typewriter market alongside IBM; then the PC showed up, "word processing" became a thing, and after a brief attempt to compete by putting databases/spreadsheets/games on typewriters, that industry evaporated fast. Kodak was, subsequently, probably the most recognized brand, dominating photography & imaging; then the digital camera showed up, resellers (using the film/processing/prints model for foot traffic) were confused with customers (actual final buyers), a half-baked attempt at supporting digital was made, and ultimately the photosensitive chemical consumables market evaporated in favor of digital imaging capital equipment.
Core infrastructure industries can, do, have, and will disappear almost overnight. Interesting history.