EVs were never the threat. Most gas-powered cars are moving in the same direction as EVs because that is where the industry in general has been going for a while: heavy emphasis on technology, apps, subscriptions, safety features like lane keep assist and automatic braking, and eventually self-driving features -- most of which is done in software, and the mechanical stuff is too complex and expensive for most non-experts to fix.

It might sound like I just described a Tesla, but a new gas-powered Volvo does all that stuff too.