This feels vaguely ahistorical; the best-selling manufacturer of EVs in Europe in any given quarter has usually been VW AG (European) for a while now.
> but now that market of house owners is saturated, since they already own EVs so of course sales have tanked, d'uh!
How are you defining tanked? They stalled for about a year but have resumed growth.
> Europeans couldn't justify the purchase of an EV especially given the lower purchasing power compared to USaians.
And yet, somehow, Europe remains a larger market for electric cars than the US (of course, China is far larger than either).
> so now the industry is stuck with an economic recession to boot waiting for more regulations to save it
Again, VW etc seem fairly healthy. Stellantis not so much (though they are somehow still profitable), but their strategy of just owning all the brands that everyone thinks no longer exist and not doing much with them always seemed fairly incoherent.
All in all, this feels like you've come up with a narrative, and are just running with it regardless of reality, tbh.
I understand why you'd feel that way but let's remember that Nokia and Blackberry also had their strongest year ever in 2008-2009 years after the iPhone launched so it can be pretty deceiving to decide the future is fine just by looking at a graph of today.
What's your thesis here, that BYD et al will totally replace the European car industry or something? This doesn't seem to be particularly plausible, and, as above, pretty much everything you have claimed is dubious or flat-out incorrect.
>What's your thesis here, that BYD et al will totally replace the European car industry or something?
You're putting words in my mouth that I never said. I never made such claims. Obviously it will not, since the auto industry gets more government protections than the likes of Nokia or Blackberry did, but a good indicator is to monitor sales in regions that don't have specialized tariffs on Chinese vehicles to protect western ones, like Australia maybe.
>pretty much everything you have claimed is dubious or flat-out incorrect.
YOU think they are incorrect. I don't think everything I said is incorrect, especially the parts about manufacturers outsourcing critical innovation causing them to fall behind, EV infrastructure in my EU country being deficient leading people not to buy EVs, and consumer purchasing power/habits. The only part where I am wrong is about current sales numbers, but spot sales and rarely an indicator of the general industry trend or future.
> but now that market of house owners is saturated, since they already own EVs so of course sales have tanked, d'uh!
How are you defining tanked? They stalled for about a year but have resumed growth.
> Europeans couldn't justify the purchase of an EV especially given the lower purchasing power compared to USaians.
And yet, somehow, Europe remains a larger market for electric cars than the US (of course, China is far larger than either).
> so now the industry is stuck with an economic recession to boot waiting for more regulations to save it
Again, VW etc seem fairly healthy. Stellantis not so much (though they are somehow still profitable), but their strategy of just owning all the brands that everyone thinks no longer exist and not doing much with them always seemed fairly incoherent.
All in all, this feels like you've come up with a narrative, and are just running with it regardless of reality, tbh.