As many others on this thread have said, it's not so much that the legacy OEs aren't capable of building a competitive EV, it's just that they're so invested in the old model of ICE engines, quarterly profits, and status quo, that it's hard for them to make a wholesale shift overnight. Ultimately, whether or not they "like" EVs, they're not going to have a choice. The regulatory trajectory is clear -- ultimately the ICE is going to be legislated or regulated out of existence. I think some limited exceptions will be made for antique (i.e. 20 years or older) models, but in terms of new models coming from OEs, they're almost all going to be electrified in some form in the next 10 years, and I'd say by 2050, the majority of cars will be BEVs or PHEVs. I suspect PHEVs will be relatively short-lived as the charging infrastructure, time and battery capacities improve. At some point, ICEs, and the manufacturers committed to them will go into a death spiral unless they've already gotten far enough down the road with EV development.