this post was submitted on 07 Feb 2025
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Electric Vehicles
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It would be better for consumers that Volkswagen & other car companies price their products closer to what it is sold for in China. The ID.3 can be had for USD $9,400 there.
I wonder how much it'd cost to buy a car there and drive it home by ferry to Europe.
You'd still have to pay for customs, insurance and a license plate, at least in my country. Customs is 10% of the car's worth plus transport cost, so it would still be cheaper but not by much anymore
Who's going to volunteer for the slave labor and heavy subsidies it takes to reach that price though?
are the people who make the cars in Europe willing to take a pay cut and be on par with Chinas pay levels to get those prices down?
Why do people continue to pedal this bigoted propaganda?
Is the minimum wage lower in China compared to the UK? Yes, across the board. But let's compare Guangzhou to Solihull. Minimum wage lower? Yes. Cost of living lower? Yes. Are you able to afford to live in an apartment and buy groceries based on what you make building cars? Yes.
I don't know why people would do that:
This was considered a win:
https://www.bbc.com/news/articles/cje9kv3q94po
.....
https://www.scmp.com/business/china-evs/article/3288628/renault-goes-china-hiring-spree-bolster-ev-push-home
https://www.drive.com.au/news/volkswagen-considering-closure-of-three-plants-in-germany/
https://financialpost.com/pmn/business-pmn/mercedes-pledges-cost-cuts-after-china-slump-hits-margin
https://www.channelnewsasia.com/world/german-auto-companies-profit-warnings-tariff-tension-eu-china-competition-evs-4761936