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If the European automakers had something to really compete with TSLA / China they would. Most of the cars being made now are compliance cars. European OEMs can
by Seanambers 6y ago
If the European automakers had something to really compete with TSLA / China they would.
Most of the cars being made now are compliance cars. European OEMs can choose between producing these electric cars or pay fines to the EU for CO2 emissions being too high with regards to manufactured cars CO2 output on fleet level.
This is also why FCA is paying TSLA hundreds of millions to have Teslas be counted as part of their fleet in Europe.
(https://www.reuters.com/article/us-fiat-chrysler-tesla-eu-idUSKCN1RJ03I https://www.reuters.com/article/us-fiat-chrysler-tesla-eu-id...).
Also the incentives are quite good in Europe compared to US right now if I am not mistaken.
- clouddrover 6y ago> If the European automakers had something to really compete with TSLA / China they would They do and they are. They're building the EVs that people in Europe are buying. Volkswagen and Renault-Nissan were the top two EV sellers in Europe in 2020: https://ev-sales.blogspot.com/2021/01/europe-december-2020.html https://ev-sales.blogspot.com/2021/01/europe-december-2020.h...