| ▲ | jack_tripper 41 minutes ago | |
Mate, I don't think you get it. You can make EVs instead of ICEs if you want, but who will buy them when your EVs are expensive and your consumers currently wage poor? You can't make Chinese priced EVs in Europe and still expect to stay profitable, and auto makers in Europe aren't gonna be forced by the government to change tune here if you expect them to lose money for some utopic greater good when they're accountable to their shareholders to increase profits so then they make whatever the consumers will currently buy, which tends to be quite a lot of ICEs. You can't turn this complex market around overnight. To get where you want, you need the venn diagram where what the automakers want, aligns with what consumers want, to align with what the government wants, which isn't happening right now, and it's not something the government can force without massive repercussions. China has had 10+ years of focus exclusively on the EV and battery sector domestically, during good economic times to get to where they are. And Chinese government can subsidize their industry longer than you can stay solvent, as long as they know they'll bankrupt your industry in the long run and then make you dependent on them for manufacturing. Competing with China can't be done on equal footing because they don't play fair and never had. | ||