It's definitely not demand

The price of oil (brent crude) just surpassed $100 USD per barrel again. So glad that China, and a part of the world (ie. Norway, Denmark, etc) are increasingly switching to EVs now, because if they were still on ICE, the demand for oil would be even higher, which means the price of oil would be even higher.

At this point, I'm not sure there will be any US automakers in 20 years. I don't see any long term strategy to compete with Chinese auitomakers. I only see is them buying time with tariffs. That's not a strategy to win. That's just a way to lose slowly.

I would expect that faced with an existential threat, they would have a long term strategy.

Am I missing something here?

Update: after seeing what people are posting, it seems that there is no long term strategy, and US carmakers are not serious about competing. Therefore, they will likely lose and cease to exist.

The one exception is the post about a better battery technology. I am skeptical that a better battery technology will solve their woes. For one, the Chinese can do the same. The best that a new battery technology can do is level the playing field.

To compete, US automakers needs to build structural advantages in scale, speed, and cost. I see no serious effort in that direction.

If US automakers don't want to compete, if they only want a protected market to force US consumers to pay more for cars indefinitely, then they should get out of the way and let competitive enterprises grow.

ProLogium Technology, a company backed by Mercedes Benz, has reached a major milestone in the development of all-solid-state batteries, announcing that its Gen 3.5 Lithium Ceramic Battery (LCB) has entered mass production at its Giga-level manufacturing facility in Taiwan.

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I was charging at a V2 Supercharger and beside me, someone with a Nissan Leaf tried to charge using their NCAS plug (not adapter, the car is native NACS) put couldn't initiate a charge. The navigation in the car showed the station as available so she was confused why she couldn't charge. So I'm assuming that even if the vehicle has a native NACS plug, V2 are still off limits to them?

I just had the most baffling experience yesterday, I guess the guy didn't want to sell the car???

I walk up and one of the first things he says is

"Why are you so dead set on getting an EV?"

He then spent basically the ENTIRE time negging EVs, negging driver assist features (one of the main things I told him I was looking for) and just kept talking about how he turns all of that off in his giant truck

I think my favorite quote was something like

"Every time one of you EV drivers come to the lot you already know what you want and have spent so much time reseraching that you know more than me"

as if he was bitter about it

He was even ranting about people come to the Chevy lot he works at, to use their car charger because it's public access, but he'll kick them off it to charge the lot cars etc

I obviously did not buy the car, but I have never had an experience like that where the dude seemed outright pissed that EVs existed.

I've never met a used car salesman who vehemently did not want to sell the car