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Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear (www.wired.com)
submitted 1 week ago by to c/technology@lemmy.world
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[–] 3 points 1 week ago (2 children)

This thread is so fucking ignorant and choking on MAGA propaganda. Look this up idiots: the US of A has subsidized Detroit far more than China in the auto industry and BYD was heavily invested by US investors like Warren Buffet.

Warren Buffet bought 10% of BYD because US options were all losers. From 2008 to 2022 he made $8.75B.

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  • [–] 1 point 1 week ago

    The USA has yet to kill the UAW which they must do to be competitive. It's not an end-all be-all solution (wages are only like 30% of the cost of a car), but a good start. It also needs an entirely local battery supply chain, buying from China isn't an option. And they need to pay for every EV that is manufactured, no matter where it's sold to.

    But the US won't take it seriously so they'll never compete for real. Maybe they'll kill UAW but only to increase shareholder value, not to compete for real.

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