As I mentioned in my blog article “The future of the electric vehicle industry“, in 2018, Volkswagen (ticker: VWAGY), the world’s largest car manufacturer, stated that the last internal combustion engine car was set to leave the factory in 2026. (Volkswagen’s Audi has also announced that the last traditional car will be set in 2026). This is a very important decision, because in the automotive industry, electric vehicles are already an irreversible industry development direction.