I’ve seen pictures of 1000’s of chinese ev’s parked end to end on the docks at rotterdam. these things cost something like 10-15k.
the chinese plan is to take 1/4 of the ev market in europe or maybe 1/4 of the car market in europe. I’m not clear on that.
VW borrowed and spent 80 billion euros on the electric vehicle platform.
If that investment is a bust, they are going to go bankrupt snd need to be bailed out.
Go Woke, Go Broke
the govt obviously needs to do more to regulate the gas powered vehicle out of existence
so that battery cars and public transportation are the only options
Hitting the brakes huh? Tooling up for electrics in the first place wasn’t even remotely a responsible or even adult thing to do. It was STUPID.
...Fully electric cars and hybrids will account for only up to half of its sales by 2030.
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Corrected version -
Fully electric cars and hybrids will account for only up to half of its sales by 2030 but will be responsible for 100% of its losses.
China will put them on the market at prices within everyone’s reach, I think I read that it has abundant production
Electric cars are a dead end.