MGuy is Australian (it's in the channel name), but he does reference the different currencies in the articles. Either way, no matter where you live, EVs are quickly sinking without all the tax-funded subsidies to prop up the facade.
It just might, especially if they're Germany, France or Italy and can't do it without sacrificing their own national car brands to replace them with Chinese EV. Ford has canceled BlueOval City and production of its next-generation EV truck. GM has cancelled a dozen other EV related projects and fired over 3,300 EV workers last month, slashing production of all their EV trucks across the Chevy, GMC and Cadillac brands.
It would be a mistake to thing of "government" as autonomous, unilateral organizations. They still need Big Business to survive, and if Wall Street says "No!," then that's the last word.
Right now, Big Auto across the world is saying "Hell, No!"
I don't see it happening. Every major automaker is quickly ditching their EV plans.
The Great EV Pullback Has Begun — Automakers Across the Board Cancel or Delay New EV Models 🪫🔥
Car Repos Hit Levels Unseen Since 2008 Financial Crisis
The average cost of an EV is around $55k. We're in an "unspoken" recession, a bad time for car sales of any make or model. Without the tax subsidies, nobody is looking twice at a $50k EV that also costs double in insurance premiums compared to a real car. Big Auto saw it coming months ago, which is why they've slashed their EV projects, workforce and their production to instead invest in development of next-gen V8s.
Unless Trump transitions into a woman or Vance steals the throne sooner, EVs are dead for the next decade.