This only makes sense if they’re reviewing the ban to enforce it even earlier.

Otherwise the market is gonna make the decision for them well within 10 years.

The gap between ICE and EVs is already extremely pronounced and EVs still have room to improve and also get a lot cheaper.

And as ICE vehicles lose numbers, while EV numbers rise, the economies of scale cost advantages that ICE vehicles have will start working the other way, especially since ICE vehicles are far more complex with a much more intricate and far reaching supply chain that will be greatly affected by the failure of a few key, often very small, suppliers.