I think the whole vehicle industry is looking at a slightly milder version of the "Kodak problem". That is, the money is oriented towards the service aspects of the industry.
Kodak wasn't a camera company, they were a chemical company. Cameras and lenses were a loss-leader for selling film and the equipment and chemicals used to develop it. You can't just swap the products and make a little less money, it changes the entire business model.
Likewise a lot of these car companies make money on the long chain of maintenance as much as or moreso than the cars themselves. Electric cars come with a whole new business model. And the core competencies that are required are much different. Less precision machining and more electrical engineering