this post was submitted on 25 Apr 2026
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The recent surge in fuel prices due to the war in Iran has spurred demand for electric vehicles around the world, and Chinese car makers are making the most of the opportunity.

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[–] Allero@lemmy.today 23 points 1 month ago (3 children)

A huge domestic market is a strong advantage for Chinese manufacturers.

Even if every single country stops buying Chinese cars, they'll still have a base of 1.5 billion potential customers.

With more countries actively partnering with China, this number goes up considerably.

[–] BeMoreCareful@lemmy.world 3 points 1 month ago (1 children)

This is the reality of the situation. They are an absolute juggernaut with a tremendous amount of inertia. It seems like it would be a good long term strategy to partner with them, or emulate them at least.

[–] jjlinux@lemmy.zip 3 points 1 month ago (2 children)

They did do quite a bit of damage to Mercedes, Porsche and BMW in Germany over the last 2 or 3 years.

[–] BeMoreCareful@lemmy.world 3 points 1 month ago

Competition: the final boss of capitalism.

[–] Prathas@lemmy.zip 2 points 1 month ago

Good. Those names have been during way too smugly for the quality of their vehicles.

[–] Gonzako@lemmy.world 3 points 1 month ago (2 children)

Tho, maybe it's because the Chinese don't deal with these huge margins they have on cars now. A new car now costs tenfold what a new car would cost a few decades ago

[–] SaveTheTuaHawk@lemmy.ca 4 points 1 month ago (1 children)

A new car now costs tenfold what a new car would cost a few decades ago

Average car price 20 years ago in Canada, $32,700. That $52,000 corrected to inflation.

Average price of new car in Canada 2026 is $63000, but average is a stupid measure, the median is much lower.

I can't find the actual median price but it is estimated by one site at $45K.

The big difference between today and a few decades ago is people leasing cars they cannot afford, which drives up prices.

[–] one_old_coder@piefed.social 1 points 1 month ago

I can confirm the price of new cars in France, it seems to be everywhere. Also, "thanks to" leasing, you would think most people can afford BMWs and brand new big cars at a very high price. It's really irresponsible when you know that they don't earn enough for those cars, and they will lose thousands of dollars in the process.

[–] SaveTheTuaHawk@lemmy.ca 1 points 1 month ago (1 children)

They sell a lot of EVs because of laws. China did not make EVs voluntary in large cities.

[–] Allero@lemmy.today 4 points 1 month ago* (last edited 1 month ago)

Indeed, environmental regulations have played a pivotal role in the development of Chinese EV market, no doubt here.

In some cities, ICE cars are borderline unusable since you can't even drive them at will any day you want - assuming you can even get a license plate in the first place.

What I meant was that international pressure on the demand side is not as scary for Chinese companies as it is for many other places.