Quoted from BMore-Pinball:So why are VW, GM, & Ford investing billions in future EV production if they realize it's a fad?
https://cleantechnica.com/2022/03/22/volkswagen-plans-7-billion-investment-to-build-electric-cars-in-north-america/
https://www.gm.com/electric-vehicles
https://www.cnbc.com/2022/03/02/ford-plans-to-produce-2-million-evs-generate-10percent-operating-profit-by-2026.html
This article, though not entirely accurate, is dumbed down to make it more understandable for the average, uninformed person. https://www.twi-global.com/technical-knowledge/faqs/hydrogen-vs-electric-cars#ComparingKeyFactors
Hydrogen powered vehicles will still use ‘electric’ motors. They will just not require recharging or lithium batteries. Lithium based EVs ARE A FAD! Elon captured the hearts and souls of ignorant do gooders. The ‘logical’ approach was natural gas powered vehicles, then hydrogen powered. Lithium was the feel good, ‘emotional’ approach. Not very smart, but very appealing to all the misinformed eco warriors.