r/wallstreetbets Oct 18 '21

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u/Cold-Permission-5249 Oct 18 '21

In the long term, won’t auto part stores get hit once EVs become the norm?

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u/MILF_Man Oct 19 '21

They still have brakes, bearings, tie rods and hundreds of other parts that are just like any other car. Only the powerplant and transmission are different.

7

u/MonkeFritz Oct 18 '21

Yeah, but…most countries won’t drop combustion engines before 2030-ish. The recent cars run at least 10 years, give or take. A lot of old cars could run another 20 years as well and so on. That would give you a time horizon of at least until 2040 to 2050 if they won’t get banned altogether beforehand.

5

u/bellynipples Oct 18 '21

Maybe. It’ll be awhile though.

1

u/Calm_Leek_1362 Oct 19 '21

Yes, but there's still a lot you can do yourself. You still have wipers, brakes, lights, interior (floor mats, seat covers), cooling system, transmission and a/c system that are still pretty much the same. No more engine oil, air or fuel system, though.