2 August

Nissan’s profits dived 99% in a single quarter. The reason? Like other Japanese makers, it’s way behind in building EVs. This is again where getting your news and view of the world from social media completely distorts reality. If you’re a car company and your main focus isn’t EVs, you’re toast. China and Tesla saw all this coming. Any idiot could see it. As combustion carmakers collapse, petrolheads will be reduced to a minor hobbyist community. And that’s fine, but pretending their dominance isn’t over is delusional.