I'm in IT and personally I'd genuinely like to see a "grey hat" examination of the internet traffic they send/receive before I'm ready to listen to a car reviewer giving reviews on how nice the seats are or charging is.
The fact that I work in IT is also why my home is secured with security doors and deadbolts.
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They're cheap because BYD received about $1.86 billion dollars in government subsidies last year.
Like in other sectors, they flood the market with cheap goods to put competitors out of business. Then they're the only car company in town and they have you by the balls.
Many countries subsidiese their car brands. In Germany exact numbers are not known, because the government works for the companies I guess, but most experts assume that brands like Volkswagen receive about 1 billion euros (or 1.15 billion US dollars) a year. Source A Source B. I'm no expert for other countries, but a quick research lead to the claim that until 2015 Tesla and the adjacent businesses (SpaceX etc.) had received 4.9 billion US dollars in subsidies Source. I don't think its fair to say that they are cheap just because they receive subsidies, they are just getting what everyone else is.
We could also subsidize this if we chose to. It's not cheating, they don't have to play by America's made-up rules that they don't follow themselves.
US automakers have received $85 Billion in taxpayer money since 2008.
So where are the $20,000 cars?
You mean like French brands like Renault receiving free money since the 80s? If I can afford a Chinese car, it's still better than a French brand that I cannot afford.
Why do you think the only US brand available in France is Ford? Because they are the only ones who managed to stay despite a lack of subsidies. Chevrolet tried to enter the French market a few years ago, they closed shop and said "fuck it."
Because they want you to be a fucking debt slave and die penniless.
(That's why they're bragging about how well credit card companies are doing right now.)
Lemme guess "because they're better than American cars"
And exponentially more affordable.
Stern says her first reaction to driving the car was “holy crap,” and she “I fell for the SU7 Max inside and out, and now I’m left wanting what I can’t have.” She was impressed with the way its infotainment system integrated with a phone, the between-seat minifridge, the karaoke system, the walkie-talkie system, the driver-assistance system, the range, and the comfort. “I fell in love with all things about this car, including its price tag,” she said, noting that it was a better experience than a similarly priced Tesla. The Xiaomi, she says, is not even in the same universe as American cars. “It’s like if Apple had actually built the long-rumored Apple Car and everything just… worked.” “I will wait for you, Xiaomi,” she concludes. “We shall be together again one day.” One is relieved the Journal took her car away before things between them got too physical.
And if Stern sounds like lovesickness may have compromised her judgment, consider this: the CEO of Ford himself drives one. "I don't like talking about the competition so much,” he admitted to a podcaster, “but I drive the Xiaomi… I don’t want to give it up.” Noting that the car is “fantastic,” he told a company board member that the Chinese auto industry is an “existential threat.”
American manufacturers are terrified of the Chinese auto industry, because Chinese cars are good, and they’re cheap. Their executives admit as much, saying that “the arrival of affordable, high-tech Chinese cars could upend” the industry. So they’re trying to ensure not only that Chinese cars can’t be sold in the U.S., but that Americans will never even be exposed to one. A group of Congressional Democrats recently sent Donald Trump a letter pleading with him to ensure Chinese cars never enter the United States. Supposedly progressive Democratic congressman Ro Khanna has been particularly aggressive in pushing for new rules, claiming the cars “put Americans at risk.” “Chinese cars are a serious threat to America’s national security and Michigan’s economic security,” Senator Elissa Slotkin has said. Astonishingly, even though the Biden administration already “imposed sweeping regulations that effectively ban Chinese automakers from selling passenger vehicles in the United States,” lawmakers are now trying to ensure that people can’t even drive Chinese cars across the border to visit the United States. They apparently envision an absurd scenario where agents at the Mexico border inspect every car to ensure it’s not Chinese before it’s even allowed to drive on U.S. soil. One problem is that U.S. manufacturers have focused on (deadly, inefficient) large SUVs and trucks, and the average new car now costs around $50,000. Car prices hit a record last year, and American auto loan debt hit a record $1.68 trillion, leaving many Americans with “more and more of their paychecks eaten by their car payments.” There are almost no new cars for sale under $20,000. But Chinese cars can sell new for as little $8,000 in China itself, and China may well be able to offer cars in the U.S. close to $20,000 new—if it’s allowed to compete. That’s why the industry sees Chinese cars as an existential threat: they worry that consumers will prefer them, and so the power of the government must be used to ensure that consumers are forced against their will to buy more expensive, lower-quality cars, in order to prop up the U.S. automotive industry. (They’ll say that’s about Jobs, of course, but it’s also about profits.)...
But wait! There's more! The article deserves a full read.
"They"
the big "they"
Hate that shit in a headline.
I mean, Republicans just announced a bill completely blocking Chinese EVs from being sold in the US. Sponsored by a Car Dealership owning senator.
Here’s the thing, with some of the new tech they are mandated on putting it cars (look up DMS and the 2021 Infrastructure Act) I’m not sure we are going to be able to avoid being spied on so I don’t really care who gets to do it. At least the Chinese market isn’t going to send Trumps gestapo after me because I said I don’t like fascists. I don’t like the slave labor aspect of the Chinese productions for sure and would avoid that. But given the state of the American car market I don’t give car if it’s made and or subsidized in china. A 22k car that fully charges in 10 min sounds like a dream right about now. The quicker we get away from fossil fuels the better.
Yeah, before the orange bastard came back, I would have absolutely defended the choice to not allow import of Chinese EVs for specifically privacy concerns and the Chinese government having access to my location and habits. Now? Fuck it. I don't even care anymore. I'm more concerned about the domestic threat to even give a shit.
I drive an MGS5 EV - MG is a British brand, but it's manufactured by SAIC Motors. Every bit a Chinese company. I traded a VW ID.4 for it . . and WHAT AN UPGRADE. Better across the board - faster charging, longer real world range, much, MUCH better software . . . all for 25% less than the ID.4.
Jim Farley is right to be terrified . . . Both the American and the German legacy car companies are screwed.
It's all about the "national car manufacturers profit security". Nothing more, nothing less.
I've been in many a Chinese Didi. Much like the cheaper Teslas the hardware in these cars is exceptional for the price, but nothing else about it really stands up past the first glance.
Software is distracting and UI is terrible. I'm sure privacy is nonexistent which is scary when you consider the car can see and hear everything you do and know everywhere you go.
Would I buy one? No. But I welcome more competition in the EV space, and something at an introductory price point that may get some skeptics to try something new.
Privacy is also nonexistent on all other car brands. The best thing to do is probably to disable the car modem. They might still collect information, but will be unable to transmit it.
Maybe make regulations to limit the degree to which any car sold can spy on citizens? Nah, let’s limit competition so U.S. companies can keep making huge profits from inferior cars that still spy on everyone with no need to up their game.
For real. Every. Damn. Time.
Like if you want privacy or control of your car in the US you have to buy cars slowly becoming antiques or rip and replace a bunch of electronics not built to be maintanced at all. Doesn't matter the country of origin. I think I'd rather EU, Japanese, or South Korean spying at this point but what a hell of a choice...
Point: potential security risks identified
Counterpoint: cheaper
You see how these things don't really intersect, right?


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