What is ICE resurgence?

ICE resurgence refers to the unexpected revival of internal combustion engine technology as electric vehicle adoption slows. General Motors' £5.6 billion EV writedown signals that the transition to electric may be more gradual than predicted, creating opportunities for traditional automotive companies.

What does GM's £5.6 billion writedown mean?

GM's £5.6 billion writedown represents a major adjustment to its electric vehicle strategy, acknowledging that consumer demand for EVs isn't matching ambitious industry timelines. This signals a broader automotive recalibration that could benefit traditional petrol-powered vehicle companies.

Why are traditional car companies extending petrol model lifecycles?

Traditional automakers are extending petrol model lifecycles because EV sales growth has plateaued in key markets. Consumer concerns about range anxiety, charging infrastructure, and vehicle economics are proving more persistent than anticipated, making traditional engines commercially viable for longer.

How to invest in internal combustion engine stocks?

You can invest in ICE resurgence stocks through platforms like Nemo, which offers commission-free trading and fractional shares starting from £1. Focus on established automakers like GM, Ford, and Toyota, plus traditional automotive suppliers positioned for sustained demand.

Are internal combustion engine stocks undervalued?

Many ICE stocks trade at historically low valuations as markets have largely written off traditional automotive technologies. This disconnect between market perception and operational reality could present opportunities, particularly as companies like GM continue generating billions in cash flow from traditional vehicles.

Best internal combustion engine companies to buy?

Top ICE companies include General Motors, generating substantial profits from Silverado trucks and Tahoe SUVs; Ford Motor Company, whose F-150 remains America's best-selling vehicle; and Toyota, whose conservative hybrid strategy now appears strategically sound amid slower EV adoption.

What are the risks of investing in ICE stocks?

Key risks include mounting regulatory pressures with aggressive government electrification targets, potential technological breakthroughs accelerating EV adoption, and capital allocation challenges as companies balance traditional technology investment with electrification preparation. Consumer preferences could also shift more rapidly than current trends suggest.

Why is the electric vehicle transition slowing down?

The EV transition is slowing due to consumer behaviour realities including range anxiety, inadequate charging infrastructure, and vehicle ownership economics. Despite government incentives and manufacturer marketing, electric vehicle sales growth has plateaued as practical concerns outweigh policy ambitions.

How long will internal combustion engines remain profitable?

ICE engines could remain profitable for years as the transition proves more gradual and region-specific than predicted. With over 280 million registered vehicles in the US alone (95% ICE-powered), developing markets maintaining petrol preferences, and commercial vehicle requirements, traditional powertrains have extended viability.

What is the aftermarket opportunity in ICE stocks?

The aftermarket sector benefits as consumers delay vehicle purchases due to economic uncertainty and slow EV adoption, keeping existing petrol cars longer. This trend directly benefits parts suppliers and maintenance providers serving the enormous installed base of traditional vehicles.

Can I buy fractional shares of internal combustion engine stocks?

Yes, platforms like Nemo offer fractional shares of ICE stocks starting from just £1, making it accessible for small investors. This ADGM-regulated platform provides commission-free investing with AI-driven research to help analyse traditional automotive companies and suppliers.

The Internal Combustion Engine's Enduring Power

• 5 min read

• Published on 9 January 2026

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The Internal Combustion Engine's Enduring Power

• 5 min read

• Published on 9 January 2026

Summary

Slowing EV adoption extends petrol model lifecycles, creating opportunities in Internal Combustion Engine Stocks.
Traditional automakers maintain high profitability from ICE vehicles, suggesting potential stock undervaluation.
Aftermarket suppliers benefit from sustained demand as consumers keep existing petrol cars longer.
The ICE resurgence presents a contrarian investment opportunity based on a gradual technology shift.

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The Petrol Engine's Rather Unexpected Last Laugh

Not so long ago, you couldn't move for someone telling you the internal combustion engine was dead. It was a fossil, a relic, destined for a dusty museum next to the steam engine and the fax machine. The future, we were told with near religious certainty, was electric. All shiny, silent, and saving the planet one Tesla at a time. It was a lovely story. The only problem is, reality has just turned up with a spanner in the works.

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When the Revolution Hits a Red Light

The big, flashing warning sign came from General Motors. A cool £5.6 billion writedown on its electric vehicle (EV) strategy isn't just a minor accounting hiccup. It's a screeching handbrake turn. This is the sound of a corporate giant admitting, through gritted teeth, that the great British public isn’t quite as sold on the electric dream as the strategists in the boardroom.

And it’s not just GM. Ford is quietly tapping the brakes on some of its EV spending. Toyota, once mocked for its stubborn loyalty to hybrid technology, suddenly looks less like a dinosaur and more like the only grown up in the room. Why? Because you can build all the EVs you want, but you can’t force people to buy them. For many, the practicalities of range anxiety, the faff of finding a working charger, and the simple cost of entry are proving to be rather persistent hurdles. The market, it seems, is far more pragmatic than the policymakers.

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The Unfashionable, Profitable Present

Here’s the bit that gets lost in all the noise about the future. While the world fawns over the latest electric model, the old guard has been quietly printing money. I find it rather amusing. GM’s headlines were all about EV losses, yet its petrol guzzling Silverado trucks and Tahoe SUVs were generating billions in lovely, uncomplicated cash. The market got so fixated on a future that might happen, it forgot to look at the immense profitability of what is happening right now.

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

View the full Basket:Internal Combustion Engine Stocks (ICE Resurgence)

16 Handpicked stocks

Hey! We are Nemo.

Download the App

Scan the QR code to download the Nemo app and start investing on Nemo today

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The Internal Combustion Engine's Enduring Power

The Internal Combustion Engine's Enduring Power

Summary

The Petrol Engine's Rather Unexpected Last Laugh

When the Revolution Hits a Red Light

The Unfashionable, Profitable Present

Summary

The Petrol Engine's Rather Unexpected Last Laugh

When the Revolution Hits a Red Light

The Unfashionable, Profitable Present

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