Comment on Fear of cheap Chinese EVs spurs automaker dash for affordable cars
Maggoty@lemmy.world 6 months agoYes you just described the business model. Everyone from Walmart to Amazon to Uber uses it. They take a loss in the short term, relying on new investor money or other products.
Corkyskog@sh.itjust.works 6 months ago
Or they could be building economies ot scale? You can’t drive down costs making thousands, you need to make millions.
Maggoty@lemmy.world 6 months ago
That’s possible too. It’s not like the US doesn’t give businesses loans and grants for upscaling.