. The report, conducted by the Syndex consultancy, factors in other direct cost reductions while keeping broad industry expectations around indirect costs and markups.
“Bringing those models to market quickly and in volumes is crucial for European manufacturers to compete with Chinese rivals which are already offering cheap, small electric cars here.” “Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies,” she said.
However, the big six European carmakers have abandoned small, affordable cars in pursuit of profits that have grown far faster than inflation, T&E said.
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Source: IrishTimes - 🏆 3. / 98 Read more »
Source: IrishTimes - 🏆 3. / 98 Read more »