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Why Europe's car crisis is mostly made in China

5 pointsby xnhbx7 months ago

2 comments

ZeroGravitas7 months ago
&gt; Manufacturers have urged governments to roll out charging infrastructure and introduce or reinstate financial incentives for electric vehicles — but this will not help sluggish exports outside the continent.<p>Yes it will.<p>The Chinese now dominate this market because they planned for 2 decades to solve the problems at each step.<p>They can export good EVs now because they built and sold a lot of EVs domestically and built up years of experience and supply chains.<p>In Europe you have half the media and political establishment in the tank for the fossil fuel industry. Constant headlines about EVs being a disaster, a scam, a hoax, a mistake. People fighting the laws necessary for the transition to work. The FT here, not understanding why regulation is necessary, because they have a bias against regulations, and that will doom the industry.<p>If you can&#x27;t build and sell the future of cars then your car industry will soon be dead.
A_D_E_P_T7 months ago
<a href="https:&#x2F;&#x2F;archive.ph&#x2F;IYOdC" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;IYOdC</a><p>Yeah, and what they don&#x27;t even mention is that CATL is like the Nvidia of battery tech. Tariffs notwithstanding, the transition to EVs <i>is</i> going to shift vehicle and vehicle component manufacturing to China. Simple as.