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> There are so much factories built and so small demand companies can not survive without help from the Government. They were build thanks to cheap loans from t
by fy20 2y ago
> There are so much factories built and so small demand companies can not survive without help from the Government. They were build thanks to cheap loans from the Government.
It feels like this is true for any older Western country like Germany or the UK too. Why exactly have China been successful in reducing costs?
- michpoch 2y ago> Why exactly have China been successful in reducing costs? Reducing price != reducing cost
- insane_dreamer 2y agoThe subsidies in China have been significantly larger. Besides that, EVs in the US are targeting a different market segment. It's for people who would be buying a $40K SUV, not those buying a $20K Corolla.
- ammo1662 2y agoJust check the comments here: https://news.ycombinator.com/item?id=42942405 https://news.ycombinator.com/item?id=42942405 China boasts a complete industrial chain and the best logistics infrastructure. If you want to engage in industrial production, you can find the most suppliers here, who can provide you with the parts you need at the fastest speed and lowest logistics cost. Not to mention the largest number of educated workers, who won't leave marijuana in the products you send to customers. These are all factors that can actually reduce costs, which cannot be achieved solely by subsidies.