4 ms·
The end game for many is to go out of business, get bought up by competitors and consolidate like _intended_ outcome of other PRC industrial policy. Set up comp
by maxglute 2y ago
The end game for many is to go out of business, get bought up by competitors and consolidate like _intended_ outcome of other PRC industrial policy. Set up competitive enviroment to force producers speed run to a $250 model-T while everyone else could only make cars for $1000. The entire point is to have so much competition to force manufactures to improve processes/drive down prices/affordability in short time and then settle with a few large but sustainable survivors that are globally competitive / can compete with western incumbants. Entire EV stack also interesting in that it sells EV piles, other electricity infra. Eventual autonomous driving = large network sensor fusion = cheap EVS with lots of sensors can push PRC telco/surveillance hardware, semi/data etc etc. Lot's of high value industiries, also dual use, and we can extrapolate where that could go.