Comment on Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla

Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

• Zrybew@lemmy.world ⁨8⁩ ⁨months⁩ ago

  What about building a better product?

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  • Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

    Because the competition is on price, EVs need to compete with cheaper ICE cars.

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    • Buffalox@lemmy.world ⁨8⁩ ⁨months⁩ ago

      It’s very difficult to compete on price against companies that are heavily subsidized by the government.
      Tesla however also enjoy those subsidies because they manufacture cars for EU in China. So it’s kind of puzzling why Stellantis would think this is a concern for Tesla too, when they are one of the beneficiaries.

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    • Zrybew@lemmy.world ⁨8⁩ ⁨months⁩ ago

      That’s true for every consumer product. The key here is segmentation and (re)positioning.

      Today cellphones are the cheapest they have ever been. Still, iPhone was never more expensive.

      BYD and cia are not only building a cheaper product, they’re also building better ones at their price range.

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      • Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

        iPhones are not better product than other phones though, so building a better product wouldn’t matter in that example.

        They’re building the only ones at that price range because other than Tesla, BYD is the only producer that builds their own batteries.

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    • Suspiciousbrowsing@kbin.melroy.org ⁨8⁩ ⁨months⁩ ago

      It's not an apple with apple comparison though. People are willing to pay a higher price for EV when factoring in reduced maintenance costs, charging and ?? environmental benefit.

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      • Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

        Wealth inequality is growing worldwide, many of us cannot afford higher priced products when it comes to large purchases like cars and that’s not going to change anytime soon.

        A phone as a luxury good, yeah it’s expensive but do-able. An non-cheap EV is like 10x the price of a phone.

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• HauntingScience@programming.dev ⁨8⁩ ⁨months⁩ ago

  How about not taking millions as CEO compensation instead of reducing employee wages? Oh no, they need another yacht.

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• bionicjoey@lemmy.ca ⁨8⁩ ⁨months⁩ ago

  Tariffs work as well. But then we’d have to start manufacturing stuff for ourselves rather than getting other countries to do it.

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• Bookmeat@lemmy.world ⁨8⁩ ⁨months⁩ ago

  He says he wants to avoid “a race to the bottom”. This is the most important part, it’s corporate-speak for “competition”.

  This isn’t a warning that Chinese manufacturers are competing in the luxury car market. They’re creating affordable ones, and they’re going to eat everyone’s lunch because Western manufacturers want to literally avoid competition.

  Lowering wages and reducing regulations is not required to compete, but willingness to manufacture affordable cars is.

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  • Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

    Lowering wages and reducing regulations is not required to compete

    It is if your competition is a nation that treats its workers like even bigger garbage than western companies do. They cannot go lower than China can.

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    • Bookmeat@lemmy.world ⁨8⁩ ⁨months⁩ ago

      I think you missed my point.

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      • Deceptichum@sh.itjust.works ⁨8⁩ ⁨months⁩ ago

        It’s okay, you’ve missed mine from the beginning.

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