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> And today, Chinese marques are eating everyone's lunch on every metric in the EV sector because the industry is running at a loss, and dumping below cost pro
by jgalt212 4mo ago
> And today, Chinese marques are eating everyone's lunch on every metric in the EV sector because
the industry is running at a loss, and dumping below cost products on the global markets.
- mitthrowaway2 4mo agoI hear this about every Chinese product from steel to LLMs, but it can't be possible to run every industry at a loss at the same time, especially not for a net-creditor nation. Which Chinese industries are running the surplus that subsidizes the rest?
- illiac786 4mo agoI hear this for EVs mostly. They do this in sectors where they want to become the monopolist, so they can then raise prices (not really criticism, everyone tries to pull this). I agree with you it’s not possible to do this everywhere at the same time.