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US calls Chinese EVs a posssible security threat. When you preach free markets, but really want to have protectionist policies then there's always a security threat. (asiatimes.com)

submitted 9 months ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] SSJ2Marx@hexbear.net 24 points 9 months ago (1 children)

Back when Japanese motorcycles were hitting their stride, the Reagan administration put tariffs on them to stop them from entering the US market unless they were below a certain size. The result of this is that Harleys got to get shittier and more expensive for like forty years.

I predict the same thing will happen with US EVs as long as Chinese alternatives are subject to the same sanctions. In twenty years every single American EV is going to be a stupidly expensive crossover, truck, or SUV and only a tiny slice of the market will own them, meanwhile China will be midway through phasing out ICE engines entirely and producing multiple models of every single vehicle type in EV form.

[–] yogthos@lemmygrad.ml 13 points 9 months ago

That's what I'm expecting as well. What we'll probably see going forward is a bifurcated world economy with US and China led blocs. China clearly saw this coming and that's the main reason they've been investing in stuff like BRI to create trade outside US control.