Senate Banking Committee chair called Chinese EVs an “existential threat” to the US motor industry.

Archived version: https://archive.ph/4RY84

  • BrikoXOPM
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    218 months ago

    US claims to love their capitalism fueled open market. Yet they feel the need to subsidize them anyway and then cry that others are outcompeting them. Pathetic.

    • astraeus
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      48 months ago

      Yeah this whole subsidize, too big to fail horseshit was status quo fifteen years ago but Stellantis isn’t even an American company. Let the Jeep factory shutter, stop giving into their demands for government fuel. Dry them up, let them go down. If they can’t survive without the subsidies, better more effective companies will.

    • @Pacmanlives
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      08 months ago

      I mean I don’t fully disagree with you but we have been doing tariffs on cars for like a zillion years. Having grown up in the backyard of the big 3 and had both my great grandfather and grandfather work for them. They have provided their works a decent salary and benefits I will say it’s been worse and worse but that’s America business. You just can’t find a good pension job these days.

      These Chinese companies are working off slave labor and really shitty working conditions. Never heard of people jumping off a Jeep building like Foxconn. Let’s just put a net around the building #FoxconnNets