Too little and too late. Draconian measures are necessary to push automakers into compliance and to push consumers to buy. It's expensive unless we want to sell out to China completely, but necessary and in the end, affordable.
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sell out to China completely
Let China sell tens of billions of affordable EVs to Europe. Let Europe sell tens of billions of ASML EUV machines and Airbus planes to China.Sell what each region is best at. Mutual benefits. Crazy idea right?
The German economy can not survive that. There is no "mutual benefit" when what you are doing is an existential risk to the other side.
That the Netherlands adds 500 jobs making EUV machines is a tiny consolation for mass unemployment in Germany, Italy, the Czech Republic, Hungary and France with millions of jobs lost.
Again, free trade is an insane idea when the proposition of one side is an existential threat to the other side.
It goes both ways as well. German cars are already suffering in China as tariff retaliation.
Certainly the preferable alternative.