At this point I think that is going to bite them on the botty from 2030-2040?
We have already seen some of this occurring in the last couple of years with a ton of pre-reg BEV's as they work against recent goals. Good value if you can fit them in your lifestyle but ruinous for profits, competition and share value in several cases. Not good for long term maker development and ROI?
The rate of development in the Chinese brands in the BEV market is only matched by the speed of development by the battery makers (CATL). They have access to critical resources such as silver and Lithium/Sodium. It will give the Chinese a massive advantage in development and market domination so when 2040 does occur it irisks causing an inflection. It will potentially hollow out EU manufacturing as they go to rebadge Chinese cars, look at GM? I do not say that to mean Chinese cars are rubbish, they have improved with wild speed but it will result in a peak moment?
People will read this as "I can continue to buy petrol, yeah!!" but the requirement on manufacturers will still need to seed a proportional number of battery thingies. So pre-reg discounted BEVs will start to occur which will destroy profits? They will start to ration and increase the price of petrol cars to recover money making things rather pricey for those still keen on engine noise.
I worry this is not thought through and a political compromise? Always happy to be corrected given my limited petrol driven views.
