@CoQ_10 @sickburnbro @monsterislandcolonizer "massive shrinking"
no, the market will just shift from consoomable throwaway cars to a cuba-esque environment where people hang on to their vehicles for as long as possible and treat them more like farm tractors than smartphones.
we're already seeing that with 10 year old toyota corollas with 100k miles on them going for 10 grand.
It wouldn't be long before we'd see more hand-built 60-80's replica cars to skirt regs, or a new interest in motorcycles and long distance ebikes.
Or, we'd see a massive revaluation of the housing market because people can't afford to commute anymore