Meanwhile, instead of trying to compete they cripple all EV advancement to make a quick buck on fossil fuel.
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Only if they chose not to compete
Have you seen those byd cars on YouTube. Their mid price cars look like high end Mercedes over here. Meanwhile Ford and Chevy will sell you a $75000 pickup with all plastic interior.
None of the legacy companies are competing. Ever. The best we can hope for is rivian and other new players filling the gap.
I've test driven a few BYD models here in Australia. 50 thousand dollarydoos for an electric car that goes 400+km, can power your house in a blackout, has all the normal electric car performance (6 seconds to 100kmhr) and is chock full of user comforts and safety features.
There are a LOT of these getting around in Brisbane, and for good reason. I didn't get one this time round, but by the time the lease expires on my Volvo EX30 in 4 years, I'll be looking pretty hard at BYD. Especially if they get their new solid state batteries going by then.
When Americans of all political stripes finally wake up to global realty, they'll most likely do it lying on a sidewalk, naked in the rain, with their fingers in their ears saying na-na-na-na-na-na...
People will eventually have to face that the economic golden age of the 1950s and 60s wasn't a normal state we can return to if greedy billionaires just let us. The rich definitely grabbed the biggest share of the prosperity, but that brief era of prosperity wasn't normal, it was entirely abnormal, and it's been over for quite a while. We've been fooling ourselves and keeping it going for the last half century by living on credit, and that's about to end. I don't know what new era is about to start, but the American era is over.