this post was submitted on 18 Apr 2024
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[–] [email protected] 31 points 7 months ago (3 children)

At this point, with such low price points producing comparable quality, Chinese EVs don't need international subsidies to be able to expand their manufacturing.

It's still cheaper to buy imported Chinese EVs even with tariffs than to buy domestic EVs in most, if not all, countries.

[–] [email protected] -1 points 7 months ago (2 children)

Why don't other countries just lower their prices if they want to compete?

[–] [email protected] 3 points 7 months ago (1 children)

The Chinese government subsidizes their domestic car manufacturing industry to an insane degree. Regular capitalism can't compete.

[–] [email protected] 1 points 7 months ago

What are you talking about?

Capitalists love their subsidies. Just look at the semiconductor industry.