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Because big tech is overwhelmingly not European, thus there's little blow back to trade actions. Suggest a policy that may harm the balance sheet of the German
by onepointsixC 4y ago
Because big tech is overwhelmingly not European, thus there's little blow back to trade actions. Suggest a policy that may harm the balance sheet of the German Automotive sector and you'll see it killed on the spot.
- malermeister 4y agoThat's demonstrably wrong: https://www.motor1.com/news/595006/european-union-agrees-combustion-engine-ban-2035/ https://www.motor1.com/news/595006/european-union-agrees-com...
- schumpeter 4y agoTo the parent’s point, VW was saying for recent years they were going fully electric. This EU bill doesn’t harm them. In fact, it likely helps them against slower-moving competitors.
- malermeister 4y agoIt might not hurt VW, but the EUs automotive industry is more than just VW. A lot of it is very specialized suppliers to bigger companies that do stuff like the best gear box etc. Those will be hurt for sure.
- ls15 4y agoDoes banning new combustion engines after 2035 really harm the manufacturers? To me it looks like they are all moving to electric.
- malermeister 4y agoA lot of the industry is suppliers to manufacturers, not just manufacturers themselves. Those will be hurt for sure as their whole business model is being the best at some specialized part of a combustion car.