economyFrance

E31 German Car Industry Commits Suicide by Electrification [DrJLT Economics]

With today's push for BEVs, the Germans are heavily betting on a technology where they lack the competitive advantage. In this podcast, I discuss all this and more (especially the special interests behind the boom of TSLA).
Published by Dr Jiulin Teng on 13 Mar 2022
Keywords: cardrjlt-economicsgermany
Hero Image for E31 German Car Industry Commits Suicide by Electrification [DrJLT Economics]
The German automotive industry faced off challenges from Asian competitors by a combination of cost-cutting and intense marketing. It just so happens that they are good at both, with marketing being a strength of the Germans before the unification of Germany (NOT re-unification, which happened much later).
However, with today's push for BEVs, the Germans are heavily betting on a technology where they lack the competitive advantage. Wiser would be to find environmentally-friendly (carbon-neutral) alternatives to leverage their industrial advantage.
In this podcast, I discuss all this and more (especially the special interests behind the boom of TSLA).
Please note that all my discussions are my personal opinions only. Nothing is scripted.
You can find this podcast on YouTube, Rumble, and Odysee.

Recent Posts in economy

Cover for post Precluding Peace in Ukraine Leads to New European War
19 Jun 2024
Precluding Peace in Ukraine Leads to New European War
Russia's peace proposal marks a departure from the original goals of the SMO. It expresses a commitment to reach a definitive resolution of its existential conflict against the West by making sure that Russia's western borders will never be safe.
Cover for post Economic Cycle in Planned Economies
13 Jun 2024
Economic Cycle in Planned Economies
There is a popular myth that planned economies do not have economic cycles. This goes against well-documented deep, lasting recessions that preceded the downfall of the Eastern Block. Today, I try to set the record straight as concisely as possible.
Cover for post How the West Can Destroy Russia
04 Mar 2024
How the West Can Destroy Russia
While I doubt the ruling elites in the West want to destroy Russia or have the stomach for the solution, in answering this hypothetical question I deduce a six-point strategy that could achieve the impossible.
Cover for post The Economic & Social Carnage of Hybrid Wars #50
07 Apr 2022
The Economic & Social Carnage of Hybrid Wars #50
In this podcast, I make two points on the economic and social carnage of hybrid wars.