this post was submitted on 17 Sep 2024
452 points (95.4% liked)
Electric Vehicles
3225 readers
186 users here now
A community for the sharing of links, news, and discussion related to Electric Vehicles.
Rules
- No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
- Be respectful, especially when disagreeing. Everyone should feel welcome here.
- No self-promotion
- No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
- No trolling
- Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The Chinese supply chain benefits from government money increasing demand by lowering prices of finished goods, without having to lower prices of supply chain inputs.
Tariffs negate the increase in demand by increasing the price of finished goods. If the prices are brought in line with what the goods would have cost without the subsidies, then the Chinese government has spent that money for no gain, and the US government collects that much money by taxing its citizens instead of letting them have cheaper cars. If the tariffs are even higher than the subsidies, the Chinese government's loss is greater, but the US government's gain is smaller - lower demand leads to less revenue for the Chinese supply chain and fewer taxes collected by the US government.
If you buy a Chinese car that has American tariffs placed on it, the only loser is you. China and USA both benefit.
But if that car is still the cheapest EV I can buy, then everybody wins?
If you don't mind seeing Chinese manufacturers taking over another sector by underpaying the people working in those factories...
One of the reasons why cars made in the US and Canada are more expensive is also because the people making them have good living conditions. If you want to see those jobs disappear then go ahead and buy more Chinese shit, don't come crying when China has the monopoly on everything and starts increasing prices in order to get a return on investment on all the subsidies they're currently paying!
Relax, I don't even own a car.