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The German car industry, Europe's really, is not ready. That's the issue. They know this will hurt them and advantage those that are ready like Tesla and some C
by mytailorisrich 4y ago
The German car industry, Europe's really, is not ready. That's the issue. They know this will hurt them and advantage those that are ready like Tesla and some Chinese automakers starting to move into Europe.
- kwhitefoot 4y agoThe best selling EV brand in Norway last year (2022) was Volkswagen, just a few cars ahead of Tesla and growing The Chinese sell fewer EVs than Skoda, BMW, etc., in Norway.
- mytailorisrich 4y agoTesla now uses BYD batteries (at least partly) at its Berlin factory (the yanks have a gigafactory in Berlin, Germany and they use batteries from China...) Meanwhile in Norway: "It is followed by the MG ZS (+15.5%) up 35 ranks on June just a the BYD Tang climbs 6 spots to a new record 6th place overall," [July 2022] [1] That's an unknown brand from China that's only just moving into the European market! And MG is now Chinese. In any case, Norway is a small market. Here 'ready' means being able to produce as many EVs as they do ICE now throughout Europe. Yeah, German carmakers are on top of things... not. [1] https://bestsellingcarsblog.com/2022/08/norway-july-2022-mg-5-byd-tang-6-break-records-in-market-off-31/ https://bestsellingcarsblog.com/2022/08/norway-july-2022-mg-...
- toyg 4y agoIMHO it's not a matter of readiness - most German automakers now have EV models that are very good, VW's ID.4 for example is excellent in my experience. It's the fear that they won't make as much money as they are now, losing lines that probably will still be profitable in 2035. It's likely that 20-30% of the market will simply refuse to transition to EV, either for ideological or practical reasons; nobody wants to lose those customers.
- mytailorisrich 4y agoIt's not just a question of having models. Readiness means reaching production levels comparable to ICE models now. If they are against a ban in 2035 it obviously means that it's not good for them, which can only mean that they think they cannot make it, either in volume or price point, or both.