This is a bit wishful thinking, IMHO.ironically, I don’t think this is really true, even as fuel standards have been a cudgel. Ultimately market pressure is going to drive the EV transition as prices come down.
Here in China prices and market pressure in this segment are almost irrelevant. The stinking Panamera is still outselling the Taycan even though the license plate alone cost an extra 14k USD.
On the other hand, the Chinese regulator pusing the EV train for the following reasons:
1. Most of the oil has to be imported (-$$$)
2. Geographically renewable electricity is nearly unlimited (free $)
3. Solar and wind tech comes from local manufacturers (+$$$)
4. Transition to EV provides lots of opportunities for new patents (future +$$$)
5. Transition to EV provides local manufacturers to catch up (+$$$)
6. EV are locally clean and the only way to keep urbanization going ($$$^X)
Local car registration place. All the white cars you can see on both pics are EVs.
The largest market for Porsche is China and by far the most profitable. Do you really think, that they will miss out on this? Basically, the only reason you drive a Taycan is because of the Chinese regulator. I know, shocking assessment, but the reality.
The EU is only thinking in terms of climate, almost a useless driving force and allows stupid dirty deals.
The US? Seems totally fracking drunk and eager to compete with Russia and Saudi to settle an Iranian score? Sanctions against Swiss and German companies, because of a gas pipeline?
I do not know much about US politics, but from the outside it looks ugly considering the geopolitical as well as the local and global environmental costs.