Paying 130% for the same product still isn't competitive tho?
Unless you're gonna start from square 1 and centrally plan every step as well as China did, you're looking at an industry that will never stand on its own.
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Paying 130% for the same product still isn't competitive tho?
Unless you're gonna start from square 1 and centrally plan every step as well as China did, you're looking at an industry that will never stand on its own.
start from square 1 and centrally plan every step
How do we find the people who can do that?
If you didn't have the scientists and engineers before, you certainly have enough fleeing America now.
The issue for Europe is political. Capitalism has advanced so much I genuinely don't believe yall are capable of that type of investment without just funneling the money into the pockets of billionaires while terribly mismanaging the whole thing.
Not product, just the battery. Cost of battery is ~35% of the cost of a car so car with European battery will be what? 10-15% more expensive? Probably similar for other products. I would be more than happy to pay extra 10% for products with batteries made in Europe.
The EU and the countries in it are already subsidizing a lot of commercial activity that's deemed "essential", such as agriculture and auto industry. They don't necessarily have to be directly competitive.
Going to be a lot of NIMBY to climb over.
Not In My Back... Aardvark?
Ty, dont know how that typo happened