May 30, 2024

Cars

Roll Call -  Anxiety over a transition to electric vehicles in America is high in the thousands of businesses, large and small, that have long supplied parts and equipment for cars and trucks powered by internal combustion engines. ICE vehicles have many more parts than EVs, including radiators, fuel injectors, spark plugs and exhaust systems that aren’t needed in battery-powered vehicles. A Tesla, for example, has only about 20 moving parts in the power train, including a single-speed transmission without gears, compared with hundreds of parts in a gasoline-powered car. The Specialty Equipment Market Association, which represents 7,000 mostly small suppliers, says about a third of its products are “ICE dependent.”

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