|
|
|
|
|
by mitchellgoffpc
2346 days ago
|
|
Sure, you could definitely argue that the EU’s strict environmental regulations make European auto manufacturers less competitive. On the other hand, these regulations are designed to promote social good, not the wellbeing of the manufacturers, and I think the laws are pretty much working in that regard by allowing Tesla to expand more quickly and forcing other automakers to take EV production more seriously. To be fair though, EU lawmakers probably didn’t foresee how long it would take for European automakers to jump on the EV bandwagon, and how much these regulations would help foreign competitors gain a foothold on their continent. |
|
It may be that this is a valid trade off to make, but it warrants thought at the very least.