>>28539377>I think that they were forcefully trying to create a new market out of thin airi don't agree. EVs have real, tangible benefits, and not just of the tree-hugging variety.
>not much room left to expand in the world since everything is tapped outthat part i agree with. there's not much of a middle class left. esp in europe.
>but if you can use government overreach to bend everyone over and mandate them to consume new product you wineh...
50/50 agree/disagree
its true that gaming government policy is a great business strategy
its also true that government intervention is sometimes necessary, as is particularly in the case of EVs.
EV adoption is hampered by a number of chicken and egg problems. for EVs to be adopted, you need charging stations and charging availability in houses/apartments. but for those to manifest under solely free market conditions, you need high levels of EV adoption. which you won't get without charging stations and charging at home.
so, yea, classic chicken and egg problem. and the only way to solve those is external intervention. elon musk managed to do solve them partially for his own cars with the supercharger network, but a complete solution requires a government to step in.
>they didnt count on CHINAH basically undercutting them and pulling the rug from under their feeti think they did. or, if not particularly china, then at least they knew that EVs becoming mainstream would kill their greatest moat, the ability to construct refined and performant engines that also conformed to stringent emissions standards.
that's why the trad mfgs never really tried to go EV, they knew it would open them up to insane competition