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Tesla and the coming EV wave will be a Tsunami for Europe. I don't see how the European car industry will be able to manage this change. There are too many inve

Tesla and the coming EV wave will be a Tsunami for Europe. I don't see how the European car industry will be able to manage this change. There are too many investments and interests bound into combustion engines.

lttlrck 10y ago
The same argument could apply to the US, even more so... the tsunami seems to be more of a squall. The big manufacturers are adapting just fine at, seemingly, their own pace.
- tobltobs 10y ago
  > The same argument could apply to the US No, the turnover generated by the automotive sector represents 6.5% of EU GDP, in Germany it is 20%. In the US it is about 3%. > The big manufacturers are adapting just fine Any examples for that?
  - jast 10y ago
    http://www.chevrolet.com/bolt-ev-electric-vehicle.html http://www.chevrolet.com/bolt-ev-electric-vehicle.html http://www.usatoday.com/story/money/cars/2016/09/13/chevrolet-bolt-tesla-model-3-miles-per-charge-range/90275486/ http://www.usatoday.com/story/money/cars/2016/09/13/chevrole... http://www.reuters.com/article/us-gm-bolt-idUSKBN1300PM http://www.reuters.com/article/us-gm-bolt-idUSKBN1300PM http://nseavoice.com/cars/can-tesla-model-3-keep-up-with-chevy-bolt-920018170.html http://nseavoice.com/cars/can-tesla-model-3-keep-up-with-che...
  - lispm 10y ago
    The German car manufacturers have a GDP share of 400 billion, out of a German GDP of 3 trillion Euros.
    - tobltobs 10y ago
      automotive sector > car manufacturers
      - lispm 10y ago
        car manufacturers are also doing more than manufacturing cars. Since we don't know what the numbers mentioned above mean and if they are about comparable things, I tried to give a precise number for a sector.