They are subsiding the deployment of clean energy sources?
Good for them. And good for the world.
Comment on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
Ulrich@feddit.org 23 hours agoThat’s because they’re also heavily subsidizing that industry out of self-interest. That’s the “emerging markets” I mentioned above.
They are subsiding the deployment of clean energy sources?
Good for them. And good for the world.
Sure, it’s great for everyone, right up until it’s not anymore because they’ve erased the competition and then jacked up the prices to the point that common people can’t afford them, and further driven down workers’ wages in the process.
Is no one else familiar with the concept of Predatory Pricing?
Oh no, a country acts out of self-interest! A concept that is completely foreign to the West 😱 At least their “self-interest“ has cheaper EVs for the rest of the world as a result. What are the coeffects of the US defending their self-interests? Rise in facism? Another genocide?
Once again, I am not having a pissing match about which country is better, I am discussing the success of electric vehicles from China.
Not really? Still saving the climate 🤔
At least their “self-interest“ has cheaper EVs for the rest of the world as a result.
It cannot be both. Either:
CCP is subsidizing EVs to “save the climate” and they will stay cheap and subsidized forever because the communist dictator is actually just a totally super nice guy.
CCP is subsidizing EVs to dominate the global market, after which prices will go sky high and economies around the world (including yours) will suffer, because they’ve driven out all of the competition.
Which one do you think it is?
Semi_Hemi_Demigod@lemmy.world 22 hours ago
Which sounds like a good idea for everybody. Maybe other countries should do the same thing.
I’m no fan of West Taiwan but they’re doing a lot more to decarbonize than most other major economies.
Ulrich@feddit.org 22 hours ago
Like always, it’s a great idea, right up until China jacks up the prices after they’ve driven out all the competition and it no longer makes sense to buy them anymore.
Semi_Hemi_Demigod@lemmy.world 22 hours ago
Then maybe western companies can finally compete with them despite being ruled by obligate capitalists.
Ulrich@feddit.org 22 hours ago
By then they’ll be decades behind in development, not to mention competing with slave wages. There’s no way.