So yeah, we are getting poorer by the day and on the brink of a major economic crisis. Just look at what is happening in Germany.
So yeah, we are getting poorer by the day and on the brink of a major economic crisis. Just look at what is happening in Germany.
European ICE vehicles are losing out in China because people there don't want to buy any more gas vehicles, at least most people are getting there. VWAG is losing marketshare in every segment that I see. It's not green power that is killing them, it's not many good cheap vehicles that are killing them - gas or EV.
Gas prices in europe are no joke, and considering we are basically in a hybrid war with one of the biggest oil producers for europe, getting rid of energy dependence would be great for europe, and having cheap EV's would be key to that.
American car companies have gotten addicted to selling huge more expensive cars as a way to keep profits up.
Currently this also simulatenously gives those contries more money, so they can be even bigger pain in the ass in the future.
The sooner this flow can stop, the better.