2 ms·
For 1000kg of steel, bulk of raw input materials, we're looking at ~$500 price difference, i.e. negligible. If you want BOM for other materials, lazy napkin mat
by maxglute 2y ago
For 1000kg of steel, bulk of raw input materials, we're looking at ~$500 price difference, i.e. negligible. If you want BOM for other materials, lazy napkin math: PRC auto is ~10% of gdp. PRC industrial subsidies ~2% of GDP. Even if you assume entire industrial subsidy goes towards auto, that still puts it at ~20% of industry. Can western manufacturers compete if PRC cars was ~20% more expensive. Can they compete if BYD seagull was was $12000, vs it selling for $20000 abroad. No. That's without considering west subsidizes the shit out of their auto, and downstream sectors, i.e. US energy.