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Xiaomi also make amazing cars. "WSJ I Test Drove a Chinese EV. Now I Don't Want to Buy American Cars Anymore. https://www.wsj.com/tech/personal-tech/chinese-
by Alien1Being 1mo ago
Xiaomi also make amazing cars.
"WSJ
I Test Drove a Chinese EV. Now I Don't Want to Buy American Cars Anymore.
https://www.wsj.com/tech/personal-tech/chinese-ev-test-drive-xiaomi-su7-c3e59282 https://www.wsj.com/tech/personal-tech/chinese-ev-test-drive...
"
- warkdarrior 1mo agoThat journalist may not want to buy American cars, but thanks to our enlightened government, they must buy American cars, since everything else is taxed significantly or banned altogether. Free market for all! /s
- testing22321 1mo agoThe CEO of Ford directly said if Chinese EVs are allowed into the US it will be the end of US auto manufacturing. They know they are inferior, and choose not to compete, just lobby for more regulations to keep competitors out. Free market, haha.
- dirck-norman 1mo agoChina is nowhere near “free market”. Their EV sector received more government subsidies in the last 15 years than the entire U.S. automobile market since inception. The total subsidies make up half of the market cap of their entire EV industry. 250 billion in EV subsidies from China. 10 billion by the U.S.
- testing22321 1mo agoYou’re forgetting the 9.3$ billion given to us automakers to bail them out that was never recovered.
- oblio 1mo agoThe US auto industry is also subsidized by all aspects of American life requiring a car outside of NYC and a few big cities.
- fedpost 1mo agoAlso just directly by the USG, see "Cash for Clunkers".
- zelphirkalt 1mo agoThat's an interesting point actually. Most places in China and even quite rural ones are livable and reachable via public transport including trains. Most of their big cities are very convenient to get around in just by walking and metro or sometimes taking a bus.
- thefourthchime 1mo agoYep, it's pretty much just illegal dumping.
- Dylan16807 1mo agoThe vast majority of that money went to car purchasing assistance. It helps build the industry up but it doesn't change the actual price.
- runako 1mo ago> The total subsidies make up half of the market cap of their entire EV industry. Didn't Tesla essentially stay afloat for years via government subsidies (e.g. government-mandated carbon credits)? Didn't the US only recently end its direct subsidies for EV buyers? Don't US taxpayers provide an enormous ongoing subsidy to ICE vehicles by underwriting the security of the oilfields in the Gulf? Don't US taxpayers in effect subsidize US automakers by ensuring they do not have to compete in the market with the best available vehicles? More to the point: American free-marketeerism was never about the other side, it was about the US living its own professed values at home. We didn't shackle our press in discussions about the USSR because the USSR chose to shackle its own press. Our lockout of Chinese EVs rankles in part because it's a deviation, at home, from our own professed values.
- dirck-norman 1mo agoThis is a false equivalence. Adding carbon credits the U.S. is close to 20 billion in EV subsidies. The ENTIRE EU spent 125 billion. China supplied 250 billion to a 400 billion dollar industry and is facing overproduction. It’s dishonest to say it’s the same. Free market capitalism isn’t binary. If that’s what you think, you’re gravely misinformed.
- Dylan16807 1mo agoJust to be clear, that 250 billion is for 15 years and 400 billion is the current per-year number. The subsidies were around 25% of sales in 2018 and have dropped down to about 10%. And of that 250 billion, half is a sales tax exemption and a quarter is purchase rebates. That bulk of the money doesn't lead to unfair competition. https://www.csis.org/blogs/trustee-china-hand/chinese-ev-dilemma-subsidized-yet-striking https://www.csis.org/blogs/trustee-china-hand/chinese-ev-dil...
- runako 1mo ago> dishonest to say it’s the same. I literally didn't say that it was? In any case, the point is that the US also subsidizes markets, including the auto markets. China is far from unique in this. As you say, free market capitalism isn't binary, and in this case all parties are subsidizing to some degree.
- cpursley 1mo agoEven without the subsidies, at this point, they’re arguably making better cars.
- 7734128 1mo agoNo, it's actually 200 000 trillion for both countries. Source: same as yours
- nerdsniper 1mo ago[flagged]
- dirck-norman 1mo ago[flagged]
- dang 1mo ago> You got emotional and Please don't respond to a bad comment by breaking the site guidelines yourself. That only makes things worse. Your comment would be fine without that bit https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- dang 1mo ago> Where the fuck are you getting these numbers from? Hey, can you please not break the site guidelines like this, no matter how wrong someone is or you feel they are? It's not what this site is for, and destroys what it is for. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- nerdsniper 1mo agoHeard and fixed. Thanks Dan.
- dang 1mo agoAppreciated!
- asadotzler 1mo agoThe only serious EV maker in the US has received more US subsidizing than any single Chinese maker.
- twobitshifter 1mo agoIsn’t this just good strategy? Shouldn’t government subsidize the things it wants more of?
- Johanx64 1mo agoIf China government kickstarted their EV sector (along many others) and enabled them to be competitive, strong and dominating. That means the Chinese government is doing a really good job. I really hate this argument where every government across the globe have to basically be a drag which sucks the life out of an economy and wastes extracted resources (taxes) on bullshit instead of putting them to good use. This is what winning looks like fellas, and you're just losing. Get used to it as there's only going to be more of this.
- slashdave 1mo agoWell, what do you expect him to say? Consider the audience.
- testing22321 1mo agoIt would be great if he said “we have to up our game and build better vehicles that are less expensive.” But it’s so much easier to just lobby the competition away so there is none. It’s the American way!
- weezing 1mo agoI don't want buy American cars either. European, Korean or Japanese are the way to go.
- thefourthchime 1mo agoThere was a lot of hype about the SU7. They killed it with pre-orders. But their target for the year at 550K isn't gonna happen as they're sold about a 180k so far this year.
- kabes 1mo agoDue to lack of demand or lack of production capacity?
- noahhhh 1mo agoNeither. The SU7 originally came out in 2024, but word got out that it would get a refresh this year. The updated version officially launched on March 19. Shortly after, Xiaomi unveiled its new YU7 SUV, prompting some potential buyers to reconsider.
- ilyassanida 1mo agoMy last car and my current one, both are from china (BYD, Xiaomi). these chinese brands really went very far compared to the rest of the world
- ColdStream 1mo agoChina is hungry in a way others aren't. It is driving them to push far harder and faster because of this. Don't know it will be sustainable long term but it looks good now.
- alasano 1mo agoTech/feature wise it's not even close between Chinese cars and the rest of the world. No idea about reliability or anything else but just as pure tech demos they seem incredible.
- ColdStream 1mo agoThe one thing I have heard form mechanics is that cars from BYD seem to has better than expected manufacturing and engineering. They haven't cut corners were you would expect for the price. Not sure how the electrics will hold a decade into the future but but they have good bones.
- dyauspitr 1mo agoThey have 5 min full EV charging while I have to twiddle my thumbs for 30 minutes at every charge stop. What a shit administration we currently have.