@[email protected] to NewsEnglish • 6 months agoProspect of low-priced Chinese EVs reaching US from Mexico poses threat to automakersapnews.comexternal-linkmessage-square133fedilinkarrow-up1219arrow-down117 cross-posted to: [email protected]economics
arrow-up1202arrow-down1external-linkProspect of low-priced Chinese EVs reaching US from Mexico poses threat to automakersapnews.com@[email protected] to NewsEnglish • 6 months agomessage-square133fedilink cross-posted to: [email protected]economics
minus-square@SeattleRainlinkEnglish11•6 months agoThe US subsidizes their EV industry twice as much as China. The real why China can do this is because the US has gutted their industrial base in favor of financialization while China built up their industrial base.
minus-square@[email protected]linkfedilinkEnglish-2•6 months agoYeah, sure - that’s still China trying to undercut and ensure the US remains reliant on them long term…
minus-square@SeattleRainlinkEnglish7•6 months agoNo that’s just the US not being competitive because stock buy backs and layoffs are easier than building good cheap cars.
minus-square@[email protected]linkfedilinkEnglish0•6 months ago…or both. Think about it, if what you’ve said is completely true (I don’t disagree, BTW), why would they bother subsidising? They’re trying to ring fence the market. That the US is helping then is only vaguely related
minus-square@SeattleRainlinkEnglish2•6 months agoBut it’s not both. How can you produce something for cheaper with less subsidies unless your just better at it. It’s like saying the winner of a race had an unfair advantage even after giving their opponent a head start.
The US subsidizes their EV industry twice as much as China. The real why China can do this is because the US has gutted their industrial base in favor of financialization while China built up their industrial base.
Yeah, sure - that’s still China trying to undercut and ensure the US remains reliant on them long term…
No that’s just the US not being competitive because stock buy backs and layoffs are easier than building good cheap cars.
…or both. Think about it, if what you’ve said is completely true (I don’t disagree, BTW), why would they bother subsidising?
They’re trying to ring fence the market. That the US is helping then is only vaguely related
But it’s not both. How can you produce something for cheaper with less subsidies unless your just better at it.
It’s like saying the winner of a race had an unfair advantage even after giving their opponent a head start.