Still, Europe has no electric-only brand.
We need it. Let the thermal engine models die.
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That's why they were anti-EV for so long, since that threatened their lucrative ICE dominance.
But I believe you're wrong. Lots of startups tackle old problems and succeed.
The best example would be Alan, for health insurance. They're a startup in a traditional field dominated by half-a-century players.
Indy is another example : enterprise accounting is very old. It wasn't industrial, now it is, online.
Decathlon's bikes did destroy old players of this field.
Mistral crushed every French decade-old IT companies in the LLM domain. Etc.
There are a few electric-only brands but for smaller vehicles.
Afaik they only seem to operate in France and Belgium not in whole of EU. So how is that a "best example" ?
>Mistral crushed every French decade-old IT companies in the LLM domain. Etc.
Mistral didn't crush anything, Legacy French SW companies are still there doing business.
Not for long though; the EU fleet emmission rules and fines are clear in this regard. If the fossil lobby does not manage to nerf them, no big mfg will build ICE passenger cars for the EU market after 1.1.2035, while since this year the rates got higher and will get higher again in 2030. In some countries ICEs will have only marginal marketshare in a few years already. The manufacturers are preparing accordingly.