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by irwt 2090 days ago
Germany has lost the race for renewable energy against China, and it is losing the race for EVs against both the US and China. Two tech sectors that will generate immense wealth. Around 30% of Germany's GDP depends on the automotive market. There are whole factories in Germany that design parts that will soon be completely obsolete, and they're not adjusting any of their strategies. The EU has most definitely lost the tech race.