alt Hacker NewsThat's the current hope. But do you know who also had consumer trust and design competence? Telefunken, AEG, Braun, Grundig, Blaupunkt, Loewe ... How many products of those brands are produced in Europe today, if at all? None of them had a moat as deep as the combustion engine.
I agree with some of your points, they make sense, but China has been building combustion engines too, for a very long time which is why I don't think that sidestepping the technology with EV was the main reason for their success