The ICE makers are in a catch 22 with EVs. If they make a compelling EV customers would want, then demand could quite possibly shift from their ICEs to EVs and they can't possibly build enough batteries right now to build more than a relative handful of EVs a year.
Kodak was in a similar position with digital cameras. Their business model was built around the supply chain required to process and print photographs. Film was only a tiny portion of their business. Switching to digital meant that all that processing and all the supplies needed for processing went away and left them with nothing to sell except the occasional memory device and maybe some printer paper for the few pictures people wanted to print.
ICE makers have a tremendous amount of money invested in ICE engines and their dealers as well as a lot of independent shops make a lot of money maintaining ICEs. EVs need less maintenance and ICE makers would have to essentially throw away a huge amount of tech they invested billions developing.
So they make compliance cars to meet requirements governments place on them and try to make those cars as horrible and over priced as possible. The dealers go along with it and do everything they can not to sell them.
Kodak was in a similar position with digital cameras. Their business model was built around the supply chain required to process and print photographs. Film was only a tiny portion of their business. Switching to digital meant that all that processing and all the supplies needed for processing went away and left them with nothing to sell except the occasional memory device and maybe some printer paper for the few pictures people wanted to print.
ICE makers have a tremendous amount of money invested in ICE engines and their dealers as well as a lot of independent shops make a lot of money maintaining ICEs. EVs need less maintenance and ICE makers would have to essentially throw away a huge amount of tech they invested billions developing.
So they make compliance cars to meet requirements governments place on them and try to make those cars as horrible and over priced as possible. The dealers go along with it and do everything they can not to sell them.