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Why Europe's new China deal is a huge mistake: Short-Term Gain, Long-Term Pain | China and the World (www.youtube.com)
submitted 1 day ago by to c/technology@hexbear.net
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On paper, the recent EU-China auto deal looks like a compromise Europe needed. In reality, it is a big mistake: short-term relief for European automakers versus long-term market dominance for China.

The EU protects the hybride car market in Europe in essence protecting the 'old' combustible engine technology at the same not incentivizing EU car makers to go all in on Electrical Vehicles.

The future however is 100% electric, and this is where the EU car makers will lose out as they remain stuck in their old ways.

This deal shows the pressure the EU is under to get short-term relief, while at the same time not thinking about the long-term consequences.

In essence they EU has no China strategy

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[–] 3 points 21 hours ago*

why are you doing fascism

why do you call it that?

see, clear evidence

why do you call it that? :

what are you talking about? that's obviously clearly fascist behavior and furthermore you're wrong about many other things and here is a clear eyed explanation

why do you call it that? :-

are you even being serious here?

why do you call it that? :-)

is this your game?

why do you call it that and be civil please, i've been nothing but civil

they aren't people one way or the other. don't treat them like they are

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