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Is it destroying a market or is it out-competing? US makers are not at all interested in building EVs that Americans want or need, they only want to build luxur
by mystified5016 1y ago
Is it destroying a market or is it out-competing? US makers are not at all interested in building EVs that Americans want or need, they only want to build luxury adware platforms. If another country builds an EV that Americans do want, why is it suddenly a bad thing? Is this a capitalist economy where anyone can compete, or is this a communist country where only government blessed companies can compete?
It can't be both.
- janice1999 1y agoUS makers are (or at least were) pivoting to making cheaper EVs. Supply chain constraints during COVID was one of the reasons they were focusing on luxury EVs. >why is it suddenly a bad thing There is no "suddenly". These arguments have existed as long as nation states have. A country does not like it when another country attempts to undermine its companies and manufacturing capacity with unfair competition. Just look at all the tariffs and lawsuits between the US and the EU over state subsidies of airline manufacture over the last decades. It's not a China-only issue and never has been. > Is this a capitalist economy where anyone can compete Capitalist economies are not magical natural occurrences. They result from rules, in this case those agreed between countries. The WTO exists for a reason. State subsidies and a counties degree of protectionism will always play a part in economic discussions.
- enceladus06 1y agoYes but I want to buy cheap, durable, and reliable EV from China. Ford/GM wants to make expensive, unreliable and then sell "connected car" subscription as well. This is only possible due to political and regulatory capture when they should go bankrupt.
- enceladus06 1y agoYes let them go bankrupt idc. Then let me buy a BYD or Toyota Hilux with a 4-cylinder diesel engine, and stop with the protectionism.