this post was submitted on 16 Jul 2024
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Electric Vehicles

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115
US automakers ‘headed for obsolescence’ as Chinese EVs grow, analysts say (www.eenews.net)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 54 points 4 months ago* (last edited 4 months ago) (1 children)

Oh no! What a completely avoidable and predicted turn of events from some of the worst corporations to exist in modern history.

If only US automakers didn't squander every bit of global and domestic goodwill they had in the markets over the past several decades. Who would've ever thought that the group of corporations that decided it was cheaper to lobby for racist protectionist policies and gaslight the world against climate change than to R&D affordable, reliable EVs would.... lag behind in EV offerings when demand continued to grow (despite their best efforts)!?

Don't worry, I'm sure the US Govt. will bail them out again. For some reason "General Motors execs need another beach house" seems to be a pretty bipartisan policy.

[–] [email protected] 22 points 4 months ago

Check out the documentary made about the GM EV1. They had a viable electric car YEARS ago, yet they abruptly ended the program and destroyed almost all the cars.

[–] [email protected] 44 points 4 months ago* (last edited 4 months ago) (3 children)

AFAIK they still have the engineering chops to start building modest and practical daily drivers instead of unobtainably priced and ludicrously oversized trucks and SUVs. Surrendering most of the marketshare pie to Japan, Korea and China is a choice that US automakers have made.

[–] [email protected] 16 points 4 months ago

This is exactly why Honda, Kawasaki, and Suzuki own the motorcycle market and Samsung and LG make all your TVs.

[–] [email protected] 10 points 4 months ago

And then they will demand that the government protect them from their own actions.

[–] [email protected] 5 points 4 months ago (2 children)

They keep on building huge ridiculous EV then cry that EV aren't selling.. It is like US Automakers are The Sims

[–] [email protected] 3 points 4 months ago (1 children)

Right? Make a Ford Escort EV that starts at $25,000, with a 200 mile range, that can fast charge from 25% to 75% in 5 minutes, and they won't be able to build them fast enough for all the people who would want to buy them.

[–] [email protected] 1 points 4 months ago

we have tariffs against the companies selling EV that can actually do that

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago) (1 children)

They can't make profitable, affordable EV yet.. They just don't know how to do it.

People are like oh but the Bolt sold well and was affordable. Sure, at a loss, on a platform not designed to scale up and be profitable at high quantities.

So yes they're building big EVs so they don't bankrupt themselves and yes that then gives them a self fulfilling prophecy.

Edit: just to add, they're using the learnings from these bigger, still not profitable EVs to learn how to make profitable EVs.

[–] [email protected] 1 points 4 months ago (1 children)

yup there will be a Kodak moment when BYD starts their Mexican factory

[–] [email protected] 1 points 4 months ago

I have a feeling that might get delayed via US pressure... but that's only going to buy them a little more time to figure their shit out.

[–] [email protected] 28 points 4 months ago

Chronic myopic short-term greed in the US auto industry. In its' insatiable appetite, it manages to both remain morbidly obese as it shrinks in size.

[–] [email protected] 24 points 4 months ago (3 children)

The moment the Chinese EV plants open in Mexico, it will be game over for USA automakers

[–] [email protected] 17 points 4 months ago* (last edited 4 months ago) (1 children)

The government will pull out every stop to keep the big three afloat. It was tariffs now, but seriously expect them to pull the “national security” card on the telematics system because “it sends data back to China” and they’ll block them as long as they can.

Edit: Called it Story literally came out the next day.

[–] [email protected] 5 points 4 months ago

I wouldn't mind an EV without screens and such if Chinese automakers do a malicious compliance car.

[–] [email protected] 7 points 4 months ago

They better adapt faster and have the ceos and upper management take pay cuts

[–] [email protected] 0 points 4 months ago (1 children)

As long as the CCP rules China I will never buy a Chinese EV. Or computer. Or phone.

[–] [email protected] 1 points 4 months ago (1 children)

Are there any companies other than Apple that make PCs or smartphones that do not include Chinese components?

[–] [email protected] 2 points 4 months ago

I don't think there's anything you can really do to avoid electronics that contain Chinese components. As long as it's designed outside of China I feel moderately safe about that.

[–] [email protected] 6 points 4 months ago (1 children)

Investors better sell legacy american automaker/oil company stocks

[–] [email protected] 2 points 4 months ago (1 children)

And you better vote in the presidential election

[–] [email protected] 2 points 4 months ago

Oh I always vote

[–] [email protected] 1 points 4 months ago

Is there a non-paywall link or summary? I really wish the article summarizing bot would show up here.

[–] [email protected] 1 points 4 months ago (1 children)

Not everyone has easy access to slave labor.

[–] [email protected] 9 points 4 months ago (1 children)

USA does. Have you seen the wages here, versus the cost of living? A person could work over 100 hours per week and still not be able to afford food, clothing and shelter. Its wage slavery. Additionally, the Constitution's 13th Amendment explicitly permits forced labor when someone in the notoriously unjust and corrupt legal system decides they want more slaves:

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

[–] [email protected] 2 points 4 months ago

Yeah another reason why I'm likely leaving the US for good this year. The whole country is an unsalvageable shitshow.

[–] [email protected] -4 points 4 months ago (2 children)

Personally I don't want an ev that just bursts into flames.

[–] [email protected] 4 points 4 months ago (1 children)

You sound like my semi-racist MIL who thinks anything coming out of a china is inherently a cheap piece of shit and American made is guaranteed better quality and super safe. The quality of these EV's is comparable to anything american made, American car companies just don't want to lower their markups. There's a reason why the big three (Honda, Toyota, Ford) throw over $10 million a year at politicians via lobbying.

[–] [email protected] -2 points 4 months ago

No american cars are dog shit too. Chinese evs go up in flames more than they are letting on. Google Chinese insider.

[–] nerd_E7A8 2 points 4 months ago

I've been recently watching the Just Rolled In YouTube channel. It seems like there's plenty of people who simply don't care if their car is a deathtrap.