China is subsidizing EV production and selling cars below cost. Allowing them to be sold in the US would kill the domestic EV market. How is that better for Americans?
For a few years, until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.
…and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.
What a valuable lesson, get subsidized by an authoritarian government so that you can offer vehicles below cost. Also be sure to add spyware for the aforementioned authoritarian government.
Do you even understand what below cost means? No amount of modernization will counteract it.
Well, they’re actually heavily subsidizing steel and aluminium, which are coincidentally what these Tariffs are for. It was never about EVs specifically.
Also by claiming “developing nation”, which is up to the nation to decide for themselves instead of having someone else decide for them, the planet’s second largest economy gets to claim WTO rules that the recipient (country) pays delivery. That’s why you can buy something from China for $1.50 and yet it costs $150 to send it back if it doesn’t work.
China is subsidizing EV production and selling cars below cost. Allowing them to be sold in the US would kill the domestic EV market. How is that better for Americans?
wasn’t that the whole point of capitalism anyways? /s
Well the USA and just about every other nation runs a regulated Market System, not a Laissez Faire Capitalism.
Americans get cheaper EVs and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.
For a few years, until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.
What a valuable lesson, get subsidized by an authoritarian government so that you can offer vehicles below cost. Also be sure to add spyware for the aforementioned authoritarian government.
Do you even understand what below cost means? No amount of modernization will counteract it.
Did we lose our industry when the Japanese auto manufacturers entered our market? When the Koreans did?
What’s different this time?
Americans can also buy EVs from countries other than China. America can also subsidise internal EV production.
My point is that we shouldn’t give a fuck about petrol loving manufacturers.
Respond to user demand and environmental pressure.
Don’t arrogantly assume your polluting product will remain market leader.
Don’t build ever bigger vehicles just to avoid particular regulations.
Yes. Would you like some oil industry case studies?
Have you heard of R&D investment, continual process improvement and economies of scale?
Well, they’re actually heavily subsidizing steel and aluminium, which are coincidentally what these Tariffs are for. It was never about EVs specifically.
Also by claiming “developing nation”, which is up to the nation to decide for themselves instead of having someone else decide for them, the planet’s second largest economy gets to claim WTO rules that the recipient (country) pays delivery. That’s why you can buy something from China for $1.50 and yet it costs $150 to send it back if it doesn’t work.