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Car manufacturers were mostly based in US/Europe/Japan for the past 50+ years. Each market mostly stuck to their own cars, but also allowed sales from the oth
by londons_explore 3y ago
Car manufacturers were mostly based in US/Europe/Japan for the past 50+ years. Each market mostly stuck to their own cars, but also allowed sales from the other big manufacturers. Those big brands were allowed to start factories in other countries to avoid tariffs and gain market access.
However, soon China will be selling electric cars that are both cheaper and better than any of the traditional makers, and looking to sell them worldwide. This will trigger protectionist actions in the big manufacturers countries, but also seeing their markets dry up, all those countries will also be negotiating trade deals with any country who will listen to also block China selling to their country.
- barrysteve 3y agoIt's artificial. The Chinese reputation is so poor in the West, people have to be forced to buy them. The cars coming out of traditional manufacturers have onbvious flaws that could be fixed tomorrow. But they don't...
- asadotzler 3y agoWe all laughed at the first kids in our high school to buy cheap-o Hyundai Excels and today Hyundai is a top global brand for tech, safety, and customer satisfaction. Sure that took 20 years to get up to speed but China can probably move a lot faster given their solid digital goods footing and existing supply chains. We'll laugh at the first ones brought in from Mexico or whatever, but 10 to 15 years from now, if the Chinese are allowed to sell on reasonable footing with other foreign makers, Chinese EVs will be commonplace on US roads.
- engineer_22 3y agoHyundai is Korean
- xsmasher 3y agoParent poster knows that, and is offering an example path that Chinese cars will take.
- engineer_22 3y agoKorea is a strategic US partner.
- Arnt 3y agoI see what you mean. However, I think there's a minor disconnect: I can easily see how e.g. the US might want to block sales from China to e.g. Brazil, but the way from wanting a goal to having an agreement ratified by both countries is long and involves painful phases like getting internal agreement about the concessions made.