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submitted 5 months ago by jeffw@lemmy.world to c/world@lemmy.world
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[-] Varyk@sh.itjust.works 31 points 5 months ago

At this point, with such low price points producing comparable quality, Chinese EVs don't need international subsidies to be able to expand their manufacturing.

It's still cheaper to buy imported Chinese EVs even with tariffs than to buy domestic EVs in most, if not all, countries.

[-] capem@startrek.website -1 points 5 months ago

Why don't other countries just lower their prices if they want to compete?

[-] FenrirIII@lemmy.world 3 points 5 months ago

The Chinese government subsidizes their domestic car manufacturing industry to an insane degree. Regular capitalism can't compete.

[-] capem@startrek.website 1 points 5 months ago

What are you talking about?

Capitalists love their subsidies. Just look at the semiconductor industry.

this post was submitted on 18 Apr 2024
109 points (98.2% liked)

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