- 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.
It’s not only unprofitable, it’s just flat out more expensive, and with the compromise of smaller batteries. Expect to pay as much as a full EV would cost just for the hardware kit to convert a car and get only the drivetrain modernized before considering labor cost. Expect a compromised end product because they have to settle for components that fit meaning a tiny battery.
It’s really only a market for iconic classic cars that are irreplaceable, not a practical upgrade for a boring random car. While in theory it seems nice to reuse the car, in practice is probably better to just leave the car alone, let it be used for spare parts out of a junkyard, or recycling the materials.