Used to be terrible (as in, 1/5) a few years ago, but now they are 4 or 5 usually.
I believe they are going to dominate the market as their EV offering is great, 450km of autonomy for 19000€. Similar spec in even low-end german makes are going for 40-50k€+
The mobile phone market showed that people generally don't care about a brand name, unless it's really premium. "Legacy" lower and mid-tier EU brands are going to have a hard time going forward imo.
>I think the EU shouldn’t be protecting local automakers from their greed…
Yeah, but automotive (when you also include all the various suppliers, not just the brands) is a big part of EU GDP, meaning strong political lobbying leverage from the industry especially in places like Germany, and workers in that industry also have quite strong unions meaning more political leverage, so I doubt the EU will drop local protectionism to. make the local industry more competitive
The EU has already been pushed out of costumer software and electronics industries and now depends on China and the US (yes chip nerds, I know ASML is EU, please don't mention it for the millionth time as if that fixes EU's lack of domestic champions), and at this rate the same will happen to its ageing automotive industry. Other than the established luxury brands like Ferrari, Porsche, Bentley, etc. the mid tier players could get decimated by the likes of Hyundai, BYD and Tesla.
I believe they are going to dominate the market as their EV offering is great, 450km of autonomy for 19000€. Similar spec in even low-end german makes are going for 40-50k€+
The mobile phone market showed that people generally don't care about a brand name, unless it's really premium. "Legacy" lower and mid-tier EU brands are going to have a hard time going forward imo.