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> EVs require less humans to manufacture Absolutely, and I've pointed this out a bunch as well. Yet why should host country accept foreign imports that are su
by alephnerd 2y ago
> EVs require less humans to manufacture
Absolutely, and I've pointed this out a bunch as well.
Yet why should host country accept foreign imports that are subsidized?
Either put CapEx in the host country (and this stimulate the broader economy) or don't participate.
The jobs aspect is rhetoric, but the real issue is CapEx and taxation.
South Korean, Japanese, and Western manufacturers have gladly built domestic manufacturing capabilities in host countries, and even become critical players in those countries (eg. Honda, Toyota, VW, Hyundai in America; Suzuki and Hyundai in India; Ford and Tesla across the EU).
Why should Chinese companies get a pass? This is why Geely (via Volvo and Polestar) and now BYD have been investing in European capacity, and this is why most countries are now forcing Chinese companies to transfer IP to domestic players (just like China did 20 years ago).