Comment by CalRobert
Maybe Europe should allow cheap BYD's to be imported for the poor eastern Europeans them.
Fossil fuels need to be eliminated. Europe is the fastest warming continent.
Maybe Europe should allow cheap BYD's to be imported for the poor eastern Europeans them.
Fossil fuels need to be eliminated. Europe is the fastest warming continent.
Have you considered that you might be out of touch from your bubble of NL remote SW dev for US corpos?
Like your idea sounds good in principle, especially if you're from a country with no automotive jobs, but then what do you do then with tens of thousands of unemployed people of the auto sector being displaced by the Chinese? Will you agree to pay more income taxes to fund the increased unemployment deficits of the others? How do you think those people will vote? What about maintaining some national sovereignty? Shall we just become a vassal state to China on automotive as well?
You can't throw such oversimplified solutions to such complex issues that have very deep ramifications.
If you haven't noticed, the EU economy and jobs market in general is already bad as it is, it won't be able to absorb tens of thousands of unemployed career switchers into to other domains that aren't hiring right now anyway, or if they are hiring, they're very picky due to the increased supply of talent with domain experience.
Currently, the defense sector is absorbing some of the slack of automotive layoffs on the production/manufacturing side in some countries like Germany, but that won't last forever. If peace happens in Ukraine, that will dry out as well as the glut of orders will be scaled back.
Mate, I don't think you get it. You can make EVs instead of ICEs if you want, but who will buy them when your EVs are expensive and your consumers currently wage poor? You can't make Chinese priced EVs in Europe and still expect to stay profitable, and auto makers in Europe aren't gonna be forced by the government to change tune here if you expect them to lose money for some utopic greater good when they're accountable to their shareholders to increase profits so then they make whatever the consumers will currently buy, which tends to be quite a lot of ICEs. You can't turn this complex market around overnight.
To get where you want, you need the venn diagram where what the automakers want, aligns with what consumers want, to align with what the government wants, which isn't happening right now, and it's not something the government can force without massive repercussions. China has had 10+ years of focus exclusively on the EV and battery sector domestically, during good economic times to get to where they are.
And Chinese government can subsidize their industry longer than you can stay solvent, as long as they know they'll bankrupt your industry in the long run and then make you dependent on them for manufacturing. Competing with China can't be done on equal footing because they don't play fair and never had.
Yes, lets hand over the one last big industry we have to China and hope for the best, we totally haven't learnt anything from the domestic electronics industry. And let the easterners drive shitty Chinese EVs instead of Skodas so that some elite in Brussels can feel good about themselves. As if East Europeans haven't been through enough yet.