Is your point that the western car companies are doomed no matter how aggressively they jump into EVs now, and that Chinese EV producers have too much of a lead for them to recover, or that they have time to catch up later and can take it slow for now?

China is already selling EVs to countries that haven’t even had many cars before, like Nepal. Is 75% of the world car market just going to be there’s because western auto manufacturers overfixated on their own very mature car markets?

I think they can catch up later, spin off some electric project to build know-how without going all-in releasing so many models.

Mercedes-Benz sells 9 different fully electric models and that ignores their trucks and vans.

BMW sells 9 different fully electric models across their BMW/Mini/Rolls Royce brands.

Volkswagen sells more than *30*.

I don't think western automakers can compete in any case unless they can either differentiate their offering or significantly lower the cost of core components like batteries.