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Although the paper proposes to merge all kinds of EU-based EV and battery companies together, the issue is still that the European market is 1% of the global ma
by forkLding 8y ago
Although the paper proposes to merge all kinds of EU-based EV and battery companies together, the issue is still that the European market is 1% of the global market. EU companies will be likely selling to Asian EV markets for a long time.
- Bayart 8y agoIt won't be a big market until there's an actual offering that grows the market. In Europe gas is very expensive, but electricity is mostly cheap. The grid is solid. The fundamentals are there.
- malshe 8y agoI agree. Some of the European countries like Germany have invested heavily in solar energy too and that makes much more sense to move to an EV
- pjmlp 8y agoMostly cheap? Come pay the prices in Southern Europe. In Portugal gas reigns in households. Most people would never have electricity based heating or stoves, given the cost spike if they did so.
- Symbiote 8y agoPortugal is slightly more expensive than the EU average for electricity. It's somewhere around average for petrol too, so I don't see Portugal being much different here. https://ec.europa.eu/eurostat/statistics-explained/index.php/Electricity_price_statistics https://ec.europa.eu/eurostat/statistics-explained/index.php...
- deleted 8y ago[deleted]