Europe Grapples With Slowdown in Autos Market

The video discusses the current challenges in the auto industry, including weak demand, diesel charges, and restructuring costs. It highlights the issues with R&D spending and the lack of infrastructure for electric vehicles. The discussion covers the role of governments and carmakers in addressing these challenges, with examples like Shell's involvement. The video also compares traditional carmakers with new competitors like Tesla and examines the impact of new emission standards in China, which has created inventory and economic challenges.

In what ways do traditional car makers have an advantage over smaller startups in the electric vehicle market?

What challenges are car makers facing in the Chinese market according to the text?