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Chinese companies make cheap EVs, hopefully other countries can figure out how to make it happen.
by presentation 3y ago
Chinese companies make cheap EVs, hopefully other countries can figure out how to make it happen.
- porkbeer 3y agoThey are cheap because they have no standards. Note they are not selling them in most of usa and europe that require safety testing.
- presentation 3y agoI thought they’re not telling them in the USA because the USA effectively are blocking them from being sold via trade barriers and tariffs [1], meanwhile EU is buying a ton of EVs from China [2] and planning to block them with tariffs as the US did [3]. So it doesn’t sound like it’s a quality issue, sounds like that’s just your outdated opinion of Chinese manufacturing. If the western world wants to make the argument that they can do it better, then they need to do it better. [1] https://www.bloomberg.com/news/articles/2024-03-18/chinese-ev-affordability-frightens-ford-gm-us-automakers https://www.bloomberg.com/news/articles/2024-03-18/chinese-e... [2] https://www.transportenvironment.org/discover/one-in-four-evs-sold-in-europe-this-year-will-be-made-in-china-analysis/ https://www.transportenvironment.org/discover/one-in-four-ev... [3] https://www.forbes.com/sites/neilwinton/2024/03/08/if-europe-penalizes-chinas-ev-imports-unintended-consequences-loom/ https://www.forbes.com/sites/neilwinton/2024/03/08/if-europe...