this post was submitted on 10 May 2024
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[–] [email protected] 37 points 6 months ago (2 children)

"We want expensive American EVs that most people can't afford, not cheap Chinese ones....."

[–] [email protected] 21 points 6 months ago (5 children)

China is subsidizing EV production and selling cars below cost. Allowing them to be sold in the US would kill the domestic EV market. How is that better for Americans?

[–] [email protected] 15 points 6 months ago (1 children)

wasn't that the whole point of capitalism anyways? /s

[–] [email protected] -2 points 6 months ago

Well the USA and just about every other nation runs a regulated Market System, not a Laissez Faire Capitalism.

[–] [email protected] 10 points 6 months ago (1 children)

Americans get cheaper EVs and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.

[–] [email protected] 0 points 6 months ago (3 children)

Americans get cheaper EVs...

For a few years, until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.

...and the legacy auto industry gets taught a valuable lesson as companies who refused to modernize go bankrupt.

What a valuable lesson, get subsidized by an authoritarian government so that you can offer vehicles below cost. Also be sure to add spyware for the aforementioned authoritarian government.

Do you even understand what below cost means? No amount of modernization will counteract it.

[–] [email protected] 9 points 6 months ago (1 children)

until the American automakers go bankrupt, as you said, then the Chinese automakers increase prices 10x.

Americans can also buy EVs from countries other than China. America can also subsidise internal EV production.

My point is that we shouldn't give a fuck about petrol loving manufacturers.

What a valuable lesson.

Respond to user demand and environmental pressure.

Don't arrogantly assume your polluting product will remain market leader.

Don't build ever bigger vehicles just to avoid particular regulations.

Do you even understand what below cost means?

Yes. Would you like some oil industry case studies?

No amount of modernization will counteract it.

Have you heard of R&D investment, continual process improvement and economies of scale?

[–] [email protected] 3 points 6 months ago

Did we lose our industry when the Japanese auto manufacturers entered our market? When the Koreans did?

What's different this time?

[–] [email protected] 0 points 6 months ago* (last edited 6 months ago)

For a few years

Yeah cause car dependency is a completely unsustainable scam that's literally destroying the planet.

get subsidized by an authoritarian government

Is it really so much better to by subsidized by an colonial/imperial government (that's also authoritarian)?

Do you even understand what below cost means?

Yes. It's an ideological term that promotes imaginary numbers over social reality.

[–] [email protected] 9 points 6 months ago

They aren't exporting them below cost, that's why they want to export. Inside China every company tried to start an EV division because they heard Apple was doing it and assumed it must be a good idea. Now the market is topped out and the biggest companies are trying to price the smaller ones out of business (which still isn't below manufacturing cost because China regulates that and is nervous about having tons of cars from bankrupt companies on the road). They export with a huge profit margin to make up for the domestic price war.

[–] [email protected] 6 points 6 months ago

Also by claiming "developing nation", which is up to the nation to decide for themselves instead of having someone else decide for them, the planet's second largest economy gets to claim WTO rules that the recipient (country) pays delivery. That's why you can buy something from China for $1.50 and yet it costs $150 to send it back if it doesn't work.

[–] [email protected] -1 points 6 months ago

Well, they're actually heavily subsidizing steel and aluminium, which are coincidentally what these Tariffs are for. It was never about EVs specifically.

[–] [email protected] 3 points 6 months ago* (last edited 6 months ago)

He actually doesn't talk about EVs at all, this tariff is against cheep steel and aluminium that the CCP is subsidizing.