- European automakers’ face tariff hikes, high costs, rivalry
- Many firms concerned over Europe’s emissions goals for 2035
- Chinese automakers gaining market share in Europe, China
MUNICH, Sept 8 (Reuters) - Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe’s auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf.
To be accurate, ev conversion is a thing, but like you say, it isn’t a conversation you do to save money, it’s to preserve some iconic classic with an EV drivetrain. Costs more than getting a new EV and then you end up with pretty modest range because the batteries are relatively tiny
So a rich person with their classic car might do this, but the daily driver market just buys a whole replacement car.