this post was submitted on 13 May 2024
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Electric Vehicles
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Honestly why make better cars for less money to be competitive when you can just prevent competition entirely. Smells like a cartel to me.
I don’t see similar tariffs being announced on South Korean or European auto imports. Maybe because those cars aren’t being sold at a loss?
BYD cars are sold for much more profit in Europe than in China
https://finance.yahoo.com/news/eu-unwinnable-price-war-chinese-104847336.html
Yes, Chinese Imports are. As they are Not only cheaper manufacturer because of (non existent) labour laws, the local chinese goverments heavily subsidize these companies.
As for technology. China does have an edge on battery tech (again, Production seems to be subsidized) and cheaply produced Screens
On classic car qualities, they are behind the Premium brands.