Most industrialised Western Countries have already committed to net Zero Carbon emissions by 2050 (China by 2060) and given that transport makes up about 17% of global emissions, that, IMO, spells an end to ICE powered vehicles ; particularly domestic ones.
In the interim, Governments of all ilks will use the carrier and stick to achieve this carbon free transition, IMO, so when one buys a new set of wheels now, one has to consider how much depreciation and running costs one is likely to cop over the 15 year life of the vehicle
Sure, some will say that I change my wheels every 4 years but the cost of ownership cringe will be relative over that time, IMO. If we look at Europe, then its reasonable to assume that within a few years, Aus will be ditto. Diesel and Petrol in Europe is at least 50% more expensive as Aus with growing restrictions on ICE vehicles in CBDs
So, in summary, the old saying is very true here....".those who fail to plan, plan to fail"
