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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 · Updated 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.

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