| 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. |