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Biden really, really doesn’t want China to flood the US with cheap EVs (www.theverge.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 4 months ago (2 children)

"We want expensive American EVs that most people can't afford, not cheap Chinese ones....."

[–] [email protected] 0 points 4 months ago (2 children)

China is subsidizing EV production and selling cars below cost. Allowing them to be sold in the US would kill the domestic EV market. How is that better for Americans?

[–] [email protected] 3 points 4 months ago

wasn't that the whole point of capitalism anyways? /s

[–] [email protected] 2 points 4 months ago (1 children)

Americans get cheaper EVs and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.

[–] [email protected] 0 points 4 months ago (2 children)

Americans get cheaper EVs...

For a few years, until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.

...and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.

What a valuable lesson, get subsidized by an authoritarian government so that you can offer vehicles below cost. Also be sure to add spyware for the aforementioned authoritarian government.

Do you even understand what below cost means? No amount of modernization will counteract it.

[–] [email protected] 2 points 4 months ago

Did we lose our industry when the Japanese auto manufacturers entered our market? When the Koreans did?

What's different this time?

[–] [email protected] 1 points 4 months ago

until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.

Americans can also buy EVs from countries other than China. America can also subsidise internal EV production.

My point is that we shouldn't give a fuck about petrol loving manufacturers.

What a valuable lesson.

Respond to user demand and environmental pressure.

Don't arrogantly assume your polluting product will remain market leader.

Don't build ever bigger vehicles just to avoid particular regulations.

Do you even understand what below cost means?

Yes. Would you like some oil industry case studies?

No amount of modernization will counteract it.

Have you heard of R&D investment, continual process improvement and economies of scale?

[–] [email protected] -1 points 4 months ago* (last edited 4 months ago)

He actually doesn't talk about EVs at all, this tariff is against cheep steel and aluminium that the CCP is subsidizing.