this post was submitted on 20 Feb 2024
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Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

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[–] [email protected] 19 points 9 months ago* (last edited 9 months ago) (19 children)

The argument is that it is NOT a free market, because the Chinese cars are government subsidized. A Government subsidized company is not part of a free market.

[–] [email protected] 33 points 9 months ago* (last edited 9 months ago) (9 children)

Well frankly Western governments should also be subsidizing electric car production. If they actually want to move towards net zero, like they claim, it would be reasonable to expect them to actually do something to encourage greener technologies. Currently all they've done is said that they like it very much, and oh look let's build one or two wind farms.

[–] [email protected] 8 points 9 months ago* (last edited 9 months ago) (8 children)

Well frankly Western governments should also be subsidizing electric car production.

They are, EU governments give incentives and tax reductions to all EVs. That way all benefit equally, disregarding where the car was made, but EU is NOT subsidizing manufacturers illegally.
USA also has anti competitive regulation like China, but in USA you only get the benefits for cars made in USA, on top of that EV cars from China have a steep tax added.
Of the 3 biggest markets in the world, only EU is playing fair. But all have EV incentives.

[–] HauntingScience 11 points 9 months ago (1 children)

There is no “fair” under capitalism. What I read from this is that the EU has failed its citizens on promoting and helping regional brands to compete on the global market.

When the global market speaks, you can either adapt or do nothing and complain. It’s clear which one is the path the EU is choosing.

[–] [email protected] 3 points 9 months ago

Stellantis is mostly European, it's FIAT and Peugot with their other brands. I'm fairly certain they get enough subsidies and tax breaks. That this Italian/American/French company is registered in the Netherlands shows that some tax-dodging is involved as well. I think it's a case of the pot calling the kettle black.

(Also, Volkswagen Group is the bigger European car manufacturer.)

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