Traditional automakers largely got trapped in the innovator's dilemma. China had no attachment to ICE technology and skipped straight to BEV. Dieselgate was a blessing to VW because it forced them to discuss BEVs to save face.
Europe leads the world in legislation and regulation, both good and bad. Their labor laws are the strongest in the world. Manufacturing in Europe can't compete on price, and the price disparity will be significant, so they will regulate and tax imports.
Europe leads the world in legislation and regulation, both good and bad. Their labor laws are the strongest in the world. Manufacturing in Europe can't compete on price, and the price disparity will be significant, so they will regulate and tax imports.