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Although the paper proposes to merge all kinds of EU-based EV and battery companies together, the issue is still that the European market is 1% of the global market. EU companies will be likely selling to Asian EV markets for a long time.

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It won't be a big market until there's an actual offering that grows the market. In Europe gas is very expensive, but electricity is mostly cheap. The grid is solid. The fundamentals are there.

I agree. Some of the European countries like Germany have invested heavily in solar energy too and that makes much more sense to move to an EV

Mostly cheap?

Come pay the prices in Southern Europe.

In Portugal gas reigns in households. Most people would never have electricity based heating or stoves, given the cost spike if they did so.

Portugal is slightly more expensive than the EU average for electricity.

It's somewhere around average for petrol too, so I don't see Portugal being much different here.

https://ec.europa.eu/eurostat/statistics-explained/index.php...

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