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US carmakers are pivoting back to combustion engines as the Trump Administration rolls back Biden-era subsidies and EV-friendly policies. But China and the EU are ramping up. Is the US at risk of being left behind? Transforming Business looks at the consequences of the big EV rollback.

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[-] came_apart_at_Kmart@hexbear.net 15 points 6 days ago

tldw: the trump administration dismantled the EV subsidy structure under biden and even some started under obama, apparently. so all the US automakers halted/wrote down their EV production lines.

i guess the plan is to lean into the captive market US automakers have in the US: car dependency, draconian import controls to protect "domestic" vehicle production from those dang overseas EVs, and get everybody into 120 month car loans at 9% for the all new 2029 Chevy Steelburger LX, King Ranch Dressing edition.

[-] tonyn@lemmy.ml 2 points 5 days ago

LX? Please. Platinum with heated seat subscription, infotainment subscription, data collection, and with a side of planned obsolescence.

[-] Bronstein_Tardigrade@lemmygrad.ml 10 points 6 days ago

"Is the US at risk of being left behind?" The US is so far in the rearview mirror that if it was a NASCAR race, they'd be 10 laps down.

[-] JohnBrownsBawdy@hexbear.net 8 points 6 days ago

They’re also about to pass a federal annual tax on evs and hybrid cars that’s collected by your state dmv. Fucking hilarious. I hate this place.

[-] blobjim@hexbear.net 11 points 6 days ago* (last edited 6 days ago)

It's just another JDPON Don type situation. The ruling class of this country is so lazy they don't want to do anything that requires competing or investing in R&D and people. Just wring all the money you can out of it while it lasts.

I kind of wonder if there's an age gap between Democratic Party capitalists and Republican capitalists. The Republican-supporting ones would be the people trying to cash out before they die in 10 or 20 years (when cars are all EVs and the US companies are out of the picture) . okay this is nonsense but still.

[-] InexplicableLunchFiend@hexbear.net 10 points 6 days ago* (last edited 6 days ago)

the party differences between capitalists is more determined by industry and special interests, as well as which party is in power. The capitalists will fence straddle and go to whichever side is ascendant.

Until somewhat recently, fixed resource extraction, farming and manufacturing capitalists tended to support the Republicans (oil, gas, mining, coal, factories, lumber, farming, cop unions, etc), while retail, tech, state, labor and finance supported the Democrats (banks, insurance, credit cards, silicon valley, big retail chains, non-cop unions). That's why we can see the states go the way they do, the economy determines how peoples ideologies are formed and the regional and local ruling ideologies of the local barons and elites. The biggest recent shift is tech and finance going all in with the GOP instead of fence straddling in a more restrained manner as they have historically.

[-] microfiche@hexbear.net 11 points 6 days ago

Because we have the collective intelligence of a sea cucumber, I'd wager.

[-] SuperZutsuki@hexbear.net 6 points 6 days ago

We need all that energy to power data centers so they can turn everyone's water black

cause it's a stupid country and its run by and in service of the literal worst people who have ever lived

[-] Athena5898@hexbear.net 3 points 6 days ago

Looking into the history of the car industry and the US is enough to make you go Rambo on the factories.

[-] plinky@hexbear.net 4 points 6 days ago

Cause ev don’t absorb as much labor during production, and make their margins low (i.e. 60k trucks with a market of 50 millions and margin of 10% are better than 30k trucks with a market of 70 million and same margin)

[-] chgxvjh@hexbear.net 4 points 6 days ago

Sometimes it feels like the bourgeoisie learned more about their class interests from Marx than the proletariat.

[-] Ildsaye@hexbear.net 2 points 6 days ago* (last edited 6 days ago)

Thought I heard the US automakers were looking to ditch the automotive sector and switch to being full-time defense contractors? With self-sanctions in place, it seems usians are going to learn how to maintain very old cars much as Cubans have done, only the US repair shops are going to have to exist on the down-low to avoid IP enforcement.

this post was submitted on 23 May 2026
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