▲ 109 ▼ Chinese EV makers won’t get subsidies from Mexico after US pressure (arstechnica.com) submitted 2 years ago by jeffw@lemmy.world to c/world@lemmy.world 64 comments fedilink hide all child comments
[–] naturalgasbad@lemmy.ca 2 points 2 years ago (1 child) Chinese EV makers, or Chinese-made EVs? One is perfectly fine, reasonable, and logical, while the other is stabbing yourself in the foot because your friend asked you to. permalink fedilink source hideshow 2 child comments replies: [–] FenrirIII@lemmy.world 3 points 2 years ago (1 child) China does not do altruism. Their car manufacturers are owned and subsidized by the government. They're made to saturate and destroy markets with cheap goods, driving out the competition. Once there is no competition, they have the market to themselves and can manipulate as they see fit. permalink fedilink source parent hideshow 2 child comments replies: [–] naturalgasbad@lemmy.ca -1 points 2 years ago Subsidized by the government like... Tesla? https://newrepublic.com/article/175397/teslas-cheaper-now-thanks-subsidies-musk-hated https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884 https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12 https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html https://www.govtech.com/policy/gov-newsom-says-california-subsidies-powered-teslas-success Oh, sorry, you must have meant a traditional car manufacturer like Ford. https://www.cbtnews.com/ford-scores-massive-9-2-billion-loan-for-electric-vehicle-batteries/ https://www.michigancapitolconfidential.com/news/ford-loses-billions-on-evs-despite-government-subsidies https://www.bloomberg.com/news/articles/2022-10-13/ford-jobs-cost-414-000-apiece-as-fight-for-factories-takes-off https://www.heritage.org/government-regulation/commentary/taxpayers-are-subsidizing-rich-electric-vehicle-owners-the-tune https://www.autonews.com/manufacturing/ford-factory-subsidies-are-much-higher-other-deals Oh, you meant other traditional car manufacturers like GM who took government loans to bail them out from bankruptcy. https://www.wsj.com/articles/subsidies-supercharge-gms-ev-strategy-11668776501 https://www.energy.gov/articles/biden-harris-administration-announces-155-billion-support-strong-and-just-transition https://www.mackinac.org/blog/2022/general-motors-should-not-get-soar-subsidies https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932 https://www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/ Or maybe you meant non-American car manufacturers like Volkswagen? https://www.reuters.com/business/autos-transportation/volkswagen-subsidy-cost-canada-c24-bln-more-than-forecast-2023-06-14/ https://www.cleanenergywire.org/news/germany-has-subsidised-total-two-million-electric-cars https://industryeurope.com/sectors/transportation/germany-to-double-ev-subsidies-as-vw-launches-car/ They're made to saturate and destroy markets with cheap goods, driving out the competition. Once there is no competition, they have the market to themselves and can manipulate as they see fit. permalink fedilink source parent
[–] FenrirIII@lemmy.world 3 points 2 years ago (1 child) China does not do altruism. Their car manufacturers are owned and subsidized by the government. They're made to saturate and destroy markets with cheap goods, driving out the competition. Once there is no competition, they have the market to themselves and can manipulate as they see fit. permalink fedilink source parent hideshow 2 child comments replies: [–] naturalgasbad@lemmy.ca -1 points 2 years ago Subsidized by the government like... Tesla? https://newrepublic.com/article/175397/teslas-cheaper-now-thanks-subsidies-musk-hated https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884 https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12 https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html https://www.govtech.com/policy/gov-newsom-says-california-subsidies-powered-teslas-success Oh, sorry, you must have meant a traditional car manufacturer like Ford. https://www.cbtnews.com/ford-scores-massive-9-2-billion-loan-for-electric-vehicle-batteries/ https://www.michigancapitolconfidential.com/news/ford-loses-billions-on-evs-despite-government-subsidies https://www.bloomberg.com/news/articles/2022-10-13/ford-jobs-cost-414-000-apiece-as-fight-for-factories-takes-off https://www.heritage.org/government-regulation/commentary/taxpayers-are-subsidizing-rich-electric-vehicle-owners-the-tune https://www.autonews.com/manufacturing/ford-factory-subsidies-are-much-higher-other-deals Oh, you meant other traditional car manufacturers like GM who took government loans to bail them out from bankruptcy. https://www.wsj.com/articles/subsidies-supercharge-gms-ev-strategy-11668776501 https://www.energy.gov/articles/biden-harris-administration-announces-155-billion-support-strong-and-just-transition https://www.mackinac.org/blog/2022/general-motors-should-not-get-soar-subsidies https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932 https://www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/ Or maybe you meant non-American car manufacturers like Volkswagen? https://www.reuters.com/business/autos-transportation/volkswagen-subsidy-cost-canada-c24-bln-more-than-forecast-2023-06-14/ https://www.cleanenergywire.org/news/germany-has-subsidised-total-two-million-electric-cars https://industryeurope.com/sectors/transportation/germany-to-double-ev-subsidies-as-vw-launches-car/ They're made to saturate and destroy markets with cheap goods, driving out the competition. Once there is no competition, they have the market to themselves and can manipulate as they see fit. permalink fedilink source parent
[–] naturalgasbad@lemmy.ca -1 points 2 years ago Subsidized by the government like... Tesla? https://newrepublic.com/article/175397/teslas-cheaper-now-thanks-subsidies-musk-hated https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884 https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12 https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html https://www.govtech.com/policy/gov-newsom-says-california-subsidies-powered-teslas-success Oh, sorry, you must have meant a traditional car manufacturer like Ford. https://www.cbtnews.com/ford-scores-massive-9-2-billion-loan-for-electric-vehicle-batteries/ https://www.michigancapitolconfidential.com/news/ford-loses-billions-on-evs-despite-government-subsidies https://www.bloomberg.com/news/articles/2022-10-13/ford-jobs-cost-414-000-apiece-as-fight-for-factories-takes-off https://www.heritage.org/government-regulation/commentary/taxpayers-are-subsidizing-rich-electric-vehicle-owners-the-tune https://www.autonews.com/manufacturing/ford-factory-subsidies-are-much-higher-other-deals Oh, you meant other traditional car manufacturers like GM who took government loans to bail them out from bankruptcy. https://www.wsj.com/articles/subsidies-supercharge-gms-ev-strategy-11668776501 https://www.energy.gov/articles/biden-harris-administration-announces-155-billion-support-strong-and-just-transition https://www.mackinac.org/blog/2022/general-motors-should-not-get-soar-subsidies https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932 https://www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/ Or maybe you meant non-American car manufacturers like Volkswagen? https://www.reuters.com/business/autos-transportation/volkswagen-subsidy-cost-canada-c24-bln-more-than-forecast-2023-06-14/ https://www.cleanenergywire.org/news/germany-has-subsidised-total-two-million-electric-cars https://industryeurope.com/sectors/transportation/germany-to-double-ev-subsidies-as-vw-launches-car/ They're made to saturate and destroy markets with cheap goods, driving out the competition. Once there is no competition, they have the market to themselves and can manipulate as they see fit. permalink fedilink source parent