this post was submitted on 18 Oct 2023
249 points (95.3% liked)

Technology

59466 readers
4647 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
249
Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them (apnews.com)
submitted 1 year ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
103 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Pringles@lemm.ee 16 points 1 year ago

It's not that simple. Caricatures are easy, but the fact remains that the Chinese auto makers are heavily subsidized and it's that government support that allows them (partially at least) to undercut the European auto makers.

That being said, the European auto makers really deserve to be hurt for their arrogance. And that's coming from someone whose income is directly related to how well they do.