If the target, set by the government, is to be protectionist, then EVERYTHING in terms of investment needs to be canceled, because it does't make sense to invest when the internal market is going to be controlled by means of tariffs.
> “The Respected Comrade’s brilliant economic agenda is an all-encompassing plan to revive our economy by unleashing Chosun energy, implementing tariffs to level the playing field, and bringing trillions of won in historic investments to our country’s manufacturing sector,” minister Paek Sông-Ryông said.
> In North America and Europe, we continue to dabble in this 10 percent to 15 percent level.<p>Europe was 20% in 2023 and 25% in 2024. I think they're past the dabble phase.
Charging is an issue for almost everyone I know. If I could get my utility company PG&E to upgrade my power, I could consider it, but we're told we have to wait years. So we have no way to charge, and there are not enough chargers around here are.
“China is at 50 percent EV penetration already,” Ricardo C. Rodriguez, the chief financial officer and treasurer of Aspen Aerogels, said on the call, saying the shift to China was a “no-brainer.” “In North America and Europe, we continue to dabble in this 10 percent to 15 percent level. So, you do start wondering, right, is that progress?”<p>All this "trade war" stuff to "combat" china would be like some kind of battle where your soldiers all do seppuku and call it victory.<p>Like the 49% tariff in south east asia to "combat" china influence. Really? You jack up the price by almost 50% and they'll like you more and not look elsewhere? How does this work?
Trump pretty much cancelled subsidies, so at least in the US this is the largest reason.<p>Thanks to Trump and to a lesser extent all other presidents of the US, 4C here we come my 2100 :( If not for Trump we would probably still hit 3.5C. 1.5 is a forlorn dream, and probably was a dream when it was decided upon.
The real problem is that our auto companies (besides Tesla) are reliant and subsidized by the Government, making them highly inefficient, and unable to compete within a global market without giant subsidies.
This situation has little-to-nothing to do with the current US administration.<p>The reality is a lot more simple:<p>* The cars are expensive<p>* Gas isn't expensive enough right now to be a strong incentive to switch<p>* A lot of consumers are poorly informed and hung up on non-issues<p>The whole auto industry flew off the deep end thinking that EV demand would be enormous, that they'd basically STOP selling ICE cars almost completely.<p>As it turns out, consumers were not that eager to swap.<p>EV R&D is expensive. EV manufacturing is expensive. Modern car manufacturing uses a lot of common parts and frameworks to save money, but EVs required a lot of not-sharable tooling and parts with their ICE counterparts - driving up costs.<p>Some day all of this will be resolved, but it's not going to happen overnight. It'll be a slow burn over many decades.