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The US and the EU did shot their traditional car manufacturers in the head with the push towards EVs (which is mandatory, by law, in the entire EU: manufacturer

The US and the EU did shot their traditional car manufacturers in the head with the push towards EVs (which is mandatory, by law, in the entire EU: manufacturers aren't supposed to sell any ICE car anymore in... 2035: that's way too soon). Green is all fine and well but at the cost of killing BMW, Mercedes, VW, Audi, Ford, etc. and handing their customers to... Chinese manufacturers? Is it worth it? Is the push to EV, as it's done today, worth destroying national companies at the benefits of new chinese brands?

MattGaiser 2y ago
At least the American brands have been useless and uncompetitive for decades. They were fading before the Great Recession as Japanese manufacturers were pushing them out of many segments, then got a second lease on life with all the gov money and have again found themselves flailing. Volkswagen and Mercedes chose fraud over innovation when it came to environmental regulations. They aren't great companies suddenly facing a brand new opponent. They have been consistently dysfunctional. At a certain point, the companies need to prove they care about surviving long term.
- grecy 2y ago
  It's even better! When the US automakers were told they would have to meet mileage targets that Japanese automakers had been meeting for over 10 years... they sued the EPA to say it's unfair! So they openly admitted they couldn't compete with 10 year old foreign vehicles. And they still got bailed out!
asadotzler 2y ago
Given that the US and California have pumped tens of billions in taxpayer dollars into electrifying our auto fleet, more than China has given its EV makers, it is a shame that China out built the US on this modern infrastructure. GM and Ford are shit companies. There can be no other explanation for their failure despite the US's massive subsidies. Tesla is barely a player and they've got about $8 billion in government handouts while China's BYD is killing it on only about $3.5 billion in CCCP cash.

MattGaiser 2y ago

At least the American brands have been useless and uncompetitive for decades. They were fading before the Great Recession as Japanese manufacturers were pushing them out of many segments, then got a second lease on life with all the gov money and have again found themselves flailing. Volkswagen and Mercedes chose fraud over innovation when it came to environmental regulations. They aren't great companies suddenly facing a brand new opponent. They have been consistently dysfunctional. At a certain point, the companies need to prove they care about surviving long term.

grecy 2y ago
It's even better! When the US automakers were told they would have to meet mileage targets that Japanese automakers had been meeting for over 10 years... they sued the EPA to say it's unfair! So they openly admitted they couldn't compete with 10 year old foreign vehicles. And they still got bailed out!

asadotzler 2y ago

Given that the US and California have pumped tens of billions in taxpayer dollars into electrifying our auto fleet, more than China has given its EV makers, it is a shame that China out built the US on this modern infrastructure. GM and Ford are shit companies. There can be no other explanation for their failure despite the US's massive subsidies. Tesla is barely a player and they've got about $8 billion in government handouts while China's BYD is killing it on only about $3.5 billion in CCCP cash.