this post was submitted on 14 May 2024
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I was hoping to get a cheap Chinese EV when I next need a car. Now that will cost twice as much thanks to nationalist sinophobia.
China is in a fine position either way, though. They will fully replace any demand for American cars in the vast majority of the world. And the US will just be offloading these costs to their workers, raising the price of hiring an American by the amount their cars are overpriced, making it even harder for the US to compete.
Chinese automakers do so well they sell to the USA market WAY below cost just because they can.
You can cash in your xibucks to get a rebate on a Chinese EV.