Comment on Biden really, really doesn’t want China to flood the US with cheap EVs

• Knock_Knock_Lemmy_In@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Americans get cheaper EVs and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.

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  • bostonbananarama@lemmy.world ⁨5⁩ ⁨months⁩ ago

    Americans get cheaper EVs…

    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.

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    • Knock_Knock_Lemmy_In@lemmy.world ⁨5⁩ ⁨months⁩ ago

      until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.

      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.

      What a valuable lesson.

      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.

      Do you even understand what below cost means?

      Yes. Would you like some oil industry case studies?

      No amount of modernization will counteract it.

      Have you heard of R&D investment, continual process improvement and economies of scale?

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      • bostonbananarama@lemmy.world ⁨5⁩ ⁨months⁩ ago

        You’re literally just talking to yourself, ignoring any mention of selling below cost, which is the biggest issue, with spyware being a close 2nd.

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    • Maggoty@lemmy.world ⁨5⁩ ⁨months⁩ ago

      Did we lose our industry when the Japanese auto manufacturers entered our market? When the Koreans did?

      What’s different this time?

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    • technocrit@lemmy.dbzer0.com ⁨5⁩ ⁨months⁩ ago

      For a few years

      Yeah cause car dependency is a completely unsustainable scam.

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• isolatedscotch@discuss.tchncs.de ⁨5⁩ ⁨months⁩ ago

  wasn’t that the whole point of capitalism anyways? /s

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  • FiniteBanjo@lemmy.today ⁨5⁩ ⁨months⁩ ago

    Well the USA and just about every other nation runs a regulated Market System, not a Laissez Faire Capitalism.

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• yogurt@lemm.ee ⁨5⁩ ⁨months⁩ ago

  They aren’t exporting them below cost, that’s why they want to export. Inside China every company tried to start an EV division because they heard Apple was doing it and assumed it must be a good idea. Now the market is topped out and the biggest companies are trying to price the smaller ones out of business (which still isn’t below manufacturing cost because China regulates that and is nervous about having tons of cars from bankrupt companies on the road). They export with a huge profit margin to make up for the domestic price war.

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• letsgo@lemm.ee ⁨5⁩ ⁨months⁩ ago

  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.

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• FiniteBanjo@lemmy.today ⁨5⁩ ⁨months⁩ ago

  Well, they’re actually heavily subsidizing steel and aluminium, which are coincidentally what these Tariffs are for. It was never about EVs specifically.

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