The US subsidizes american car companies too. Pot calling the kettle and all.
Comment on Biden really, really doesn’t want China to flood the US with cheap EVs
credo@lemmy.world 5 months ago
Then China shouldn’t subsidize its manufacturers’ exports while increasing the burden for foreign companies to compete internally. If anyone thinks China cornering the global EV market is a good long term plan, they are naive.
Hildegarde@lemmy.world 5 months ago
credo@lemmy.world 5 months ago
We subsidize exports? Show me.
pearable@lemmy.ml 5 months ago
ShepherdPie@midwest.social 5 months ago
Where does that say anything about exports? The article is talking about US factories and this coincides with the federal government implementing stricter fuel standards on these same manufacturers. This money is to help them ease into developing brand new platforms.
Furthermore, that $15B is a drop in the bucket for what China is subsidizing. That equates to about a single quarters worth of subsidies for a company like BYD in order to sell their cars for $10k-$15k out the door.
SupraMario@lemmy.world 5 months ago
I don’t see how they’re going to pass the safety regulations here and in the EU. A ton of their ICE vehicles never made it here because they’re dangerously designed and built.
kalleboo@lemmy.world 5 months ago
The Volvo EX30 is based on a Geely platform, made in China, and does well in the EU (won several Car of the Year awards).
MG also has no trouble selling in the EU.
Chinese manufacturers can make quality, safe care when the market demands it of them. If the market wants cheap and doesn’t demand safety, they can do that too.
themurphy@lemmy.ml 5 months ago
Then the cheap EV’s doesn’t matter if they are not legal.
And the Volvo was not based on Geely. It was the other way around. They bought Volvo for this purpose exactly.
But I hope they will make better EV’s for the world. EV’s are generally just better cars, and it’s a clear road to less noise and toxic pollution.
SupraMario@lemmy.world 5 months ago
That’s not %100, the EX30 is still engineered and developed in Switzerland and pretty much everything MG wise, was and still, is developed in the UK…yes both are owned by Chinese companies, but it doesn’t mean the products are solely Chinese. You are correct they can build cars that are designed to conform to western markets with much stricter regulations, but I don’t think they’re going to do so without significant input from branches in these countries.
Maggoty@lemmy.world 5 months ago
They’re already selling in Europe. To good reviews.
Bartsbigbugbag@lemmy.ml 5 months ago
China charges nearly double for its EVs outside of there Chinese market. They tend to do what most companies do, charge the highest price that people will still pay. China domestically is the most competitive market in the world, so they have $10,000 high quality EVs, but they don’t have to do that elsewhere and so they don’t.
Maggoty@lemmy.world 5 months ago
So you admit the cars are better and cheaper?
Fiivemacs@lemmy.ca 5 months ago
But I really wanted to die driving the suda sa01 ev which boasts features such as; zero crash ratings standards, and no air bags.
Imgonnatrythis@sh.itjust.works 5 months ago
Stop whining and enjoy dying from obesity related complications and Healthcare bankruptcy like the rest of us.