My God the Chinese are at it again beating the United States at capitalism
It’s not on, it really isn’t, the Chinese shouldn’t be allowed to engage in the free market. They’re supposed to be the enemy.
They should be sanctioned so that Western car makers can continue to put out vehicles for ludicrous prices, the way God intends.
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Which countries?
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I know someone is going to read that and not get the implied /s
I don’t know, I feel like it works on both levels really. There are actual people that think like that and it’s insane. The US trade war doesn’t really help, It paints China as the bad guy even though they’re only doing the same thing as every other country in the world.
By all means demand China improves in areas which makes sense such as blatant copyright violation and human rights abuses but not this. Making cheap cars is hardly nefarious.
I can’t tell if this is sarcasm or not…
There‘s a word for that „Greedflation.“ This is what western car makers do. Luckily, the Cinese car makers grasp their chance and disrupt the market
Chinese manufacturers are being heavily subsidised and even making a loss on their cars.
They’re trying to kill off our domestic car industries.
Good
Nooooo anything but more environmentally friendly vehicles that people can actually afford. Won’t somebody think of the profits?
Chinese EVs are being sold at a loss of up to 35k per car:
https://www.nytimes.com/2023/10/05/business/nio-china-electric-vehicles.html
The Chinese government is subsidising their car industry, so they can engage in dumping, and decimate our car industries. When our domestic car industries are dead, they’ll raise prices. It’s like Amazon or any other scummy megacorp that kills local businesses.
This being said, it’s hard to feel sorry for companies who also receive plenty of government subsidies and tax breaks, broke the law on emissions testing and likely killed a lot of people because of it, and refused to innovate or lower prices out of sheer greed.
Selling at a loss is how you build volume and reach the economies of scale that drive down costs.
If you fiddle around half-heartedly putting out small numbers of EVs, you’ll never come close to competing with a company that puts out over a million a year. A lot of automakers still aren’t willing to commit, and they’re whining about the position they chose to put themselves in.
I truly don’t care if China destroy the car industry, it’s fucking ridiculous how expensive some basic shit is. In my opinion if you introduce a feature into your cars, you have ten years before it should become standard.
China is using subsidies to accelerate the green transition, exactly like the US is doing with the “Inflation Reduction Act” and other initiatives.
China isn’t making EVs for the sake of going green and the companies making them should have their manufacturing methods questioned.
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gee the market has been clamoring for a decade while the auto industry said “BIG TRUCKS AND SUV’S!”
I mean people also eat it up like good luttle piggies.
I mean there’s still a good amount of people in my position where you can’t fit 3 car seats in any ev in the market. Haven’t checked in the past year, maybe it’s changed but I also can’t afford to waste 60k+
Honestly it feels like most companies producing child seats and strollers and whatnot (as well as the stores that stock and sell them) have stopped putting any focus on solutions for 2 or more children and instead only produce solutions for only children. I’ve got 2 young kids 2 years apart and we had a heck of a time finding a double stroller among other things
In Southern Ca these are becoming popular, we also have the largest Viet population outside Vietnam I believe.
Somewhat unrelated: IINM most Europeans don’t drive even a quarter of the max range of EVs on most of their trips. The current range of EVs should be just fine it you plug it in every day like your phone. Getting an EV that can get you to work and back or to a friend and back without charging should already allow to buy an EV that’s quite affordable.
Most Europeans have one, max 2 cars per household. A fuckton of Europeans also go on holiday with their cars once or twice a year.
One car needs to work for most use cases. It’s fine if you have more cars than people in the house that one of them is a 100 mile range commuter, but a different kettle of fish if the same car needs to do an 800+ mile trip to the Mediterranean in summer and a 500 mile ski trip in winter.
Yeah but where can I get these cheap Chinese EVs? I’ve never seen any for sale in the States
The $2,000 price was legit, but that didn’t include batteries. It was another $300 or so for heavy lead acid batteries, $500 if I wanted a lithium-ion battery pack (3 kWh), $710 for a bigger lithium pack (5 kWh), and $1,050 if I wanted a giant lithium battery (6 kWh).
The article goes on to say that shipping is a big deal, too. It requires thousands for a space on a container. But the total clocked under $9K IIRC
giant, 6 kWh…
So they CAN make cars cheaper. I bet they still post profit while claiming they’re losing money.
… the same ‘cheap chinese evs’ that keep spontaneously combusting all over china?
Wow. Can’t wait…
