100
submitted 1 week ago by boem@lemmy.world to c/technology@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] ShepherdPie@midwest.social 9 points 1 week ago

Those "more affordable foreign cars" are only priced that low because the Chinese government is subsidizing them so much, which is only temporary and lasts just as long as it takes to put their competitors out of business.

This is a race to the bottom just like states giving trillion dollar corporations billions in tax breaks as an incentive to move to their state. At the end of the day, it just harms everyone and should be avoided, which is why the US and EU are putting tariffs on Chinese EVs. They're still free to sell them at the real cost and actually compete with everyone else.

this post was submitted on 19 Jun 2024
100 points (85.7% liked)

Technology

55647 readers
2569 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