• gianni@lemmy.ca
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    4 days ago

    I’m sorry, but how do you think the Chinese EV companies are so competitive right now?

    They are subsidized at a great loss by the Chinese government. One of the goals is to flood foreign markets with products at price points that domestic suppliers can’t compete with.

    Would you say that is good for either the economy or EV prices in the long term?

    • acargitz@lemmy.ca
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      4 days ago

      It’s really not that simple. American car companies are inefficient, dependent on archaic, dirty and complex tech. This is propped up by the oil and gas lobby that resists electrification at every step, to the point of making stupid American cars an icon of the culture war.

      North American car companies can absolutely also electrify, and move towards more efficient, and simpler tech. And then we can talk about using subsidies/tariffs to level the field. But as stands, that’s just throwing consumer money into a bad policy pit.

    • DMCMNFIBFFF@lemmy.ca
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      4 days ago

      So we maintain the 100% tariff on Chinese EVs permanently?

      What about EVs from other developing countries?