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

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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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