The European automotive manufacture is in crisis. Will it last the electromobility revolution?

The European automotive industry, which has long been the driving force behind the EU economy, is presently facing unprecedented challenges. The transition to electromobility is progressing in a situation of weakening competitiveness, geopolitical tensions resulting from the US-China rivalry, a increasing wave of protectionism, force from industrial policies of competitors, and the consequences of European Green Deal. Countries V4 — Czech Republic, Hungary, Poland and Slovakia — [...]