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Many US companies are also losing money on EV sales. I think dumping is more specific than just losing money you have to be selling in foreign markets for lower
by Retric 3y ago
Many US companies are also losing money on EV sales. I think dumping is more specific than just losing money you have to be selling in foreign markets for lower prices than you charge locally.
“Ford is losing money on each EV it sells” https://www.npr.org/2023/08/11/1193083777/ford-electric-vehicles-f150-lightning-jim-farley https://www.npr.org/2023/08/11/1193083777/ford-electric-vehi...
- gnfargbl 3y agoIndeed: > Dumping is, in general, a situation of international price discrimination, where the price of a product when sold in the importing country is less than the price of that product in the market of the exporting country. -- https://www.wto.org/english/tratop_e/adp_e/adp_info_e.htm#:~:text=Dumping%20in%20the%20GATT%2FWTO,market%20of%20the%20exporting%20country https://www.wto.org/english/tratop_e/adp_e/adp_info_e.htm#:~....
- Retric 3y agoSorry edited that a few times, thanks for the link.
- maxerickson 3y agoAre they losing money on the incremental production, or not selling enough volume to cover development costs?