That’s not the biggest issue if there was a healthy competitive market. But if go full on Chinese low priced, government subsidized, good/great/innovative EVs, we might end up destroying the industry outside China and we’ll get stuck with Chinese for good. This would be problematic for every monopoly, not just Chinese, but they are really kicking asses with EVs.
They’re saying that US vehicles are also government subsidized, they just pocketed the money instead of actually improving their products. So comparing the Chinese products to the US ones isn’t unfair, the US products really are that bad and they deserve to fail.
Chinese monopoly?
The number of chinese parts on non chinese cars makes this slightly easier to stomach.
Also there’s the fact that Australia doesn’t have a car industry, so it’s a choice between imported cars and other imported cars.
That’s not the biggest issue if there was a healthy competitive market. But if go full on Chinese low priced, government subsidized, good/great/innovative EVs, we might end up destroying the industry outside China and we’ll get stuck with Chinese for good. This would be problematic for every monopoly, not just Chinese, but they are really kicking asses with EVs.
Holy shit, Lemmy, maybe a little reading would help your hot takes.
The US government paid out $85B to Detroit in 2008 and since then their vehicles have only gotten bigger, less reliable and more expensive.
Tesla alone got $15B in various credits. It’s the only way they make money.
Did this contradicts what I wrote somehow?
of course it does.
They’re saying that US vehicles are also government subsidized, they just pocketed the money instead of actually improving their products. So comparing the Chinese products to the US ones isn’t unfair, the US products really are that bad and they deserve to fail.
Okay, but buying terrible, expensive vehicles from companies that fight tooth and nail to continue focusing on huge petrol SUVs isn’t going to help.
AFAIK we have some decent EUropean alternatives. But yes, the situation sucks in general.
What monopoly?