No one in European automotive will worry about Chinese EVs now

The US green coalition and its manufacturing base was too weak for a sustainable green derisking state to survive political cycles even with geoeconomics in place. The IRA was too little to change the balance of power inside US capital. Fossil, finance and tech have green capital for breakfast.

There is probably a Latin expression for this.

When states are not good at industrial policy it is municipalities that can develop that muscle. And not just city states, but cities of 500k as well if they have what it takes. New article in Competition and Change with @Medve-Balint and @Clara Volintiru journals.sagepub.com/eprint/T56CA...