Europe Car Industry Needs China In 'Perfect Storm', Warns Lobby

Europe’s automakers are facing deepening challenges as demand for EVs disappoints and costs rise, ahead of tougher new European Union regulation to reduce carbon emissions, according to the head of the region’s car lobby group.

Sigrid de Vries, Director-General of the European Automobile Manufacturers' Association, tells Bloomberg that European carmakers cannot "decouple" from China, and the industry is in a "perfect storm" amid recent disappointing data and reports. De Vries spoke to Joumanna Bercertche on "The Pulse with Francine Lacqua."
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[bingbing]

EU relied on chinese to buy their cars and not the other way around lol.

[marcmark]

People need affordable car simply as that. Why buying Tesla model Y 45k-60k$ while Onvo offers better with battery swap for 21k$. Why paying VW 35k-45k€ for the same without battery swap. They should learn from Nio and other chinese car maker

[heart-of-people]

China car company do not need germany. They have battery, motor, steel….

[lijackson-xr]

Volkswagen and BMW have invested heavily in China to upgrade their electric vehicle industry to compete and win the global market. The BMW i3 sold in China for $30, 000 is a huge success, while in Europe, its price may be 50, 000 euros, which shows how expensive it is to manufacture electric vehicles in Europe. Europe should cooperate with China to invest in new energy industries in Europe and the global South countries, make money together, and push the global Green energy transformation as well as to help the Global South countries to develop. Brics + Germany+ Europe + China to win the global market. how to achieve this? cooperation is the key, Germany could be a key player with China.

[AaronKaewprapai-qvbc]

When u create junk ICE cars, free market punishes. China learn the hard way in their earlier attempts selling in both US and EU. China today are creating cars that the world wants, free market rewards.

[jizhang]

When EU put tariff on Chinese ev. It effectively artificial maintain high over priced European ev . EU customer to pay

[YSKWatch]

they made bad and expensive cars. but at that time, there are no alternative. that's why their sales are good. now, china provide the alternative: good and affordable cars. obviously, their sales decreased quickly. so simple.

[aps]

Ban and tariff are signs of weakness and desperation.

[minchen]

When Chinese says “no” it means no, when us says no it means wtf

[grahamcastle]

New cars have become unaffordable to the average person, that's the real problem. Greed of car manufacturers hiking their prices after the chip shortage that and a focus upon manufacturing luxury cars and discontinuing basic small cars.

[PhilNeedham-icfp]

European governments with their over zealous electrification deadlines have forced manufacturers into a development frenzy of electric vehicles. Consumers, in the main, are not ready for the EV and neither is the infrastructure. Governments are complicit in this situation and need to acknowledge this.

[brianlee]

consumers are the best judge to this struggle, cause they simple like the best quality-price ratio.

[Erik-rphi]

I buy a new Van every 20 years. My first at 16 a 74' Ford econoline 100, a 97' Ford econoline 150 and now I have a 2016 Mecedes sprinter. I'm 65 now. The auto makers would not be what they are if everybody was like me. I do my own repairs and not much to do.
I did buy a fancy truck in 2003, a Ford F-150 supercrew. It has 35K miles on it now.

[homefei]

BMW sales in China fell 42% in August，struggle to survive.

[grigorioschristodoulou]

What a bunch of Blablabla.

Cars are expensive yet quality has gone down the drain.

Everything else is secondary.

[Patrick-yhyd]

Volkswagon and BMW cars the worst cars made.

[amunra]

The melt down of the EU hahahahahahahaha

[rok]

Mandatory transition to EVs is the most idiotic policy the EU adopted.
Passenger cars consume only about 10% of global energy.
Replacing all cars in EU over next few decades will have minuscule effect on CO2 emissions, if any ( Germany restarted coal burning electricity generating plants after shutting down the last clean nuclear plant).
Most energy is used for heating and cooling, but the EU politicians are too stupid to understand that, let alone come up with policies to cut the amount of energy used for heating. Such policies would help to bring meaningful reduction of CO2 emissions but instead they enacted a policy that is destroying the auto industry while having no material impact on CO2 emissions.

[TomoKW]

Long story short, EVs manufactured in EU need to be 50% cheaper then now.

[rosecarmen]

Europe should collaborate with China to produce cheap EV. Then Europe can take U.S. market which is closed for China.