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by pragma_x
1 hour ago
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There may be another option. Consider Japan's Kei car initiative, for example. https://en.wikipedia.org/wiki/Kei_car#Description https://en.wikipedia.org/wiki/Kei_car#Taxation_and_insurance One route is to provide incentives, if not regulations, to force innovation on US automakers. The goal would be to yield products that are head-to-head competitive with imports. > It seems to me though that the current strategy seems to be very short term thinking - trying to just hold back the tide. I'm seeing that too, but from a different angle. The era of big trucks seems to be as much an effort to extract cash from the economy as it is taking advantage of a peculiar set of EPA and DOT regulations. Basically, "gettin' in while the gettin's good." It's not a long-term strategy because, at some point, people can't afford these behemoths and will go for the used car market next for cheaper goods. EVs may get caught up in that too, considering that they're aimed squarely at the sub-luxury tier and above. As we have no good cheap EV options at the moment, I think it's the same story. |
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