The crisis is entirely manufactured by the EU bureaucracy with their bans (who is going to develop a next generation ICE engine, integrate it with software and other gadgets, etc with a ban in front of him!?) and mandates and financial penalties. Japanese manufacturers are facing the same Chinese competition but are not mass-firing their workforce neither bleeding losses (apart from the unfortunate EV pioneer Nissan). The EU bureaucrats should let their citizens buy the cars they want - be it German, Chinese or gas-guzzling American beasts
You've got a strong opinion. As I wrote in my newsletter, the reality in EU is more nuanced and complicated imo. The future can't be found in the past.
I like your analysis. What do you think of Europe, Germany in particular to mirror decades of legacy car strategy to enter China and adopt that same joint approach in Europe. So that for example Volkswagen and Xpeng set up a factory in Germany with Xpeng technology?
Also Europe needs to support Mistral as there is no tomorrow and encourage AI infrastructure and green powerhouses as Spain to accelerate (even initiate) AI infrastructure- but with an open mind and look at Chinese approach to AI (cost per token much cheaper and more efficient without mastodon investment US style. China’s should make us think there are other ways. Old ways won’t work.
The crisis is entirely manufactured by the EU bureaucracy with their bans (who is going to develop a next generation ICE engine, integrate it with software and other gadgets, etc with a ban in front of him!?) and mandates and financial penalties. Japanese manufacturers are facing the same Chinese competition but are not mass-firing their workforce neither bleeding losses (apart from the unfortunate EV pioneer Nissan). The EU bureaucrats should let their citizens buy the cars they want - be it German, Chinese or gas-guzzling American beasts
You've got a strong opinion. As I wrote in my newsletter, the reality in EU is more nuanced and complicated imo. The future can't be found in the past.
Where do the elements to build batteries come from? Where does the steel come from? The Rare Earth materials? The carbon composits?
No need to answer that.
China's green manufacturing is built on coal and gas. The green products produced by hydrocarbons.
So, it is not the choice between going green and hydrocarbons. China is the proof it does both.
Europe wants to go Green in an absolutist way. That will always fail. Time to wake up..
I like your analysis. What do you think of Europe, Germany in particular to mirror decades of legacy car strategy to enter China and adopt that same joint approach in Europe. So that for example Volkswagen and Xpeng set up a factory in Germany with Xpeng technology?
Also Europe needs to support Mistral as there is no tomorrow and encourage AI infrastructure and green powerhouses as Spain to accelerate (even initiate) AI infrastructure- but with an open mind and look at Chinese approach to AI (cost per token much cheaper and more efficient without mastodon investment US style. China’s should make us think there are other ways. Old ways won’t work.