Egregoros

This is not a question of one technology vs. another, this is a geopolitical struggle.

America controls the high seas, America makes everyone sell oil in dollars, and anyone who doesn't like that had better have a nuke otherwise they're getting regime changed.

China obviously doesn't like this, and so they have adopted a strategy of going all-in on EVs. Rather than trying to win the oil war, they're trying to make it irrelevant. They are absolutely 100% committed to this, so at this point >50% of new cars in China are EVs.

Europe is floundering for a very good reason. America is their historical benefactor. They have been able to live more-or-less free off the American empire and the only thing they have had to do in return is act gay and import brown people.

But writing's on the wall for the empire, and Europe is doing the quintessentially European thing, preparing to become China's girlfriend the second America's credit card stops working.

Future for Europe is most likely going to be low cost Chinese made EVs like picrel:

Ah. That's a Pinto. AMC made the Gremlin and Pacer.

The Gremlin was essentially a cut down Hornet and was RWD. It could be had from the factory with a V8, and there was a dealership that installed the AMC 401 in it.

The Pacer was originally intended to have a Wankel rotary engine sourced from GM, but GM pulled the plug on their Wankel program and AMC had to scramble and adapt it to use the AMC 258 inline 6.

Gremmies are badass. The original Hot Hatch. They were dominating the subcompact racing scene in the 1970's so badly that the rules had to be changed.