Race is on as carmakers shut, switch or sell combustion engine factories

Manufacturers’ share prices will be dependent on their ability to avoid losses on ‘stranded assets’, says analyst
Carmakers will increasingly find themselves in a race to shut, switch or sell factories producing vehicles with internal combustion engines to avoid being left with “stranded assets”, as regulators set a course for a decade of electrification to reduce carbon dioxide emissions.Traditional manufacturers are currently playing a “zero sum game”