undermining regional carmakers
I think the word they’re looking for is in fact “outcompeting.”
Yutaro-Katori-with-butterfly-meme: Is this capitalism?
Outcompeting by having a nation subsidize the cost. Until local manufacturers go out of business because they can’t compete. Then China owns the entire industry she jacks to the price.
It’s like no one has been paying attention.
The ol’ Wal-Marteroo
I mean the US is also doing that. It’s not a subsidies issue; it’s the fact that Chinese companies are using subsidies to actually make things while US companies are just pocketing them.
Is the US? What us car company is doing it to such a degree name countries are blocking their goods?
I mean nobody is blocking US goods, but the subsidies are definitely a thing. Also why would China even block US EVs when they’re uncontestedly winning that market?
Exactly, if subsidies were actually invested properly countries might actually care about USA vehicles
I get a craving for corn whenever someone says subsidies.
Lmao there’s a guy who usually posts a long response to these “subsidies” claims bullshit, but I think they got into a pissing match with a mod in the comments and got banned lmao.
Jist of it is: China’s subsidies are negligible compared to the US, and what they’ve actually done is created a competitive domestic market with a large number of players. Unless you think Chinese people are all puppets, even if China (as a country) owns the industry it would not prevent internal competition that drives down prices. Moreover, China does not offer per-unit subsidies on export. In fact, Chinese EVs exported to Europe are something like 40% more expensive than domestically for the same model.
It’s weird that this has to be explained to Americans - this is how much of Big Tech got to where they are, except they call it “disruption”.
BTW this shows perfectly that free markets are not a be-all-end-all thing. It’s a tool, and if it produces outcomes that you don’t like, you can adjust it for better outcomes. The hypocrisy here is not that they pretend to worship the market then cry foul when China enters it on their terms, but that they do adjust it for their benefit all the time, and only pretend to worship it when people ask for their fair share.
Larger population means larger representation. If you say the Netherlands only has about 100,000 idiots, that’s roughly half a percent of their population.
Half of a percent of the US population is over 1.5 million. And I promise you, we have a waaaaaaay higher percentage of idiots than that.
While we’ve seen this cycle play out quite a few times in Big Tech, I think a lot of people just aren’t aware of what it is. I’ve had friends decry how, “Uber is now basically as expensive as a taxi.” I point out how Uber is only recently profitable and see people’s minds get blown.
Uber’s costs are because of oversized compensation packages for executives and lots of R&D put into autonomous driving. The bulk of the actual cost of operation is on the shoulders of drivers who wear down their vehicles for the sake of Uber. All Uber does is provide an app, which is laughably cheap by comparison.
Tesla has been subsidized by years. The difference is china delivers and in America an asshole get rich.
So the CCP party members aren’t getting rich?
I mean they are but they’re also delivering.
Of course, they and the Wang Chaunfus.
Ah, I see. So it’s cool when we do it (fossil fuel and ag subsidies, the auto industry bailout in 2008, etc.) but not when they do it.
Got it.
You’re introducing an argument as a way to undermine the viewpoint that’s opposite to yours.
No one said it’s fine “when we do it”. That’s not the point being discussed.
The other bigger issue here is that these new cars are coming from a region that has a horrendous track record for safety and quality. EVs when done right are still a considerable risk with battery fires, but the ones manufactured in China are much worse for quality and safety. In the next few years, as these cars flood markets around the world, it will be a massive issue.
They seem safe enough to pass the EU’s safety standards, which are much higher than the US. Also this blanket “quality issues” argument without specific evidence is terrible. If we’re going off of quality in recent history, American manufacturing is down the toilet in terms of quality - just look at Boeing.
https://www.euroncap.com/en/results/byd/dolphin/50011 Seems relevant
I’m sorry but 1 star out of 5 on the European NCAP is terrible ! This car is a death trap !
I would never set a foot in a Chinese …
Oh wait ! I was looking at the Jeep wrangler, never mind.
The BYD has a 5 star rating as well as an the other chinese cars I checked.
People wrongly assume all Chinese manufacturing is aliexpress fodder.
Lmao this is coming from the same safety organization that approved the Tesla Cybertruck?
I’ll take my chances with a car that’s seen EU approval.
https://www.carscoops.com/2024/03/chinese-evs-become-virtually-uninsurable-in-the-uk-says-report/
The reality is that I don’t think any EV is “safe” as far as the batteries go
It’s funny because your article states the vehicles are fine. Good job on dropping a link you did not bother clicking yourself.
Translation: US automakers are worried about Chinese imports servicing a sector they have abandoned.
They haven’t abandoned it they just over charge.
That doesn’t exist anywhere…and I frankly don’t think it ever will.
You provide no proof of the facts you state, therefore it’s just as easy for me to say you’re wrong as it is to believe you. 🤷🏼♂️
How am I supposed to prove that a $15K 350mi EV doesn’t exist? It’s Russell’s teapot.
https://en.wikipedia.org/wiki/BYD_Seagull
Fwiw 100,000 yuan is currently roughly US$13,800
And what’s the range on that? Spoiler: It’s 190 mi base with a max 252 mi. That’s nowhere near 350mi!
Okay thanks. That meme sure is inaccurate isn’t it. I’ll go have a word with the meme council and try to get that straightened out.
Your council works too slowly. Here’s the fix:
Fine here
You good? All of your pressing concerns addressed? Everything to your meme satisfaction? Need some more documentation? Can we let the service workers go home now?
Don’t feed the trolls.
Well, since you asked:
- The base range is 187mi. You’re going to need to spend more if you want the 252mi range.
- That’s the price in China. It costs thousands of dollars to move a vehicle halfway across the world. There’s a reason the price is Australia and Europe is significantly higher!
Logically the refutation is kind of easy. Your prediction hinges on two things. A predicate that technology will never get better or cheaper.
Both of those things happen all the time as such, the refutation is simple.
Points to our entire technological history
Vehicles aren’t just one technology though, they are commodity items. Cellphones are more expensive than a decade ago, so are laptops. The average ICE car has gotten much more expensive over time. So, do you think EV technologies will get significantly cheaper quicker than inflation and the general direction of the industry?
The example of the mobile phone is pretty wrong. The first mobile cost about $4000 and the cheapest today still costs around $25. The original cars cost 30k adjusted for inflation with the cheapest today costing around 15.
Once again. It’s always held true. Outside factors could make it take longer but ultimately you said never. Which basically makes your original statement near impossible.
The first mobile cost about $4000
I said a decade ago, not the very first. I also should have said “smartphone”. Powering cars by battery isn’t a brand new technology.
The original cars cost 30k adjusted for inflation with the cheapest today costing around 15.
I was responding to a meme that said $15K, not $15K (inflation adjusted).
The Chinese government is subsidising the car industry to outcompete and destroy other manufacturers. These cars are being sold for less than they’re worth. This is why the EU is banning them. Its the same thing when you in wish and order something for 3 dollars. The Chinese government subsisdises the postage in China and international law means your post has to deliver it in your country.
Downvotes are due to China shills and people who don’t understand reality. EVERY post about Chinese EVs goes exactly the same way.
You’re just hunkering down inside your bubble, while offering nothing to the conversation.
There’s a BYD stand close to where I work, I was looking at a “Dolphin” that has around 500 miles of range and costs 30k€.
That’s still twice as what’s in the meme, but they keep getting closer.
If you have some sort of grudge against China automakers, Dacia has its Spring. It costs about what’s in the meme, but with half the range though.
It’s not hard to see a future where 350 miles for 15k is a reality, but the market needs competition.
Why is the US so worried to the point of applying a hilariously high 100% tariff? Don’t claim security concerns because if that was really the case then they’d outright ban them instead of resorting to tariffs.
then start investing in tech, jobs, and education so the us can compete with inexpensive cars…
*editors note; i’m not a tankie, i just know that china has invested in technology while the us has been bogged down in partisanship (look at solar)
*editors note; i’m not a tankie, i just know that china has
invested insubsidized technology while the us has been bogged down in partisanship (look at solar)FTFY. While the Chinese government has made major investments in technology, the problem is their excessive subsidies which are allowing Chinese manufacturers to artificially out-compete their competitors. As others have pointed out, it’s the same as “Big-Tech Disruptors” who begin with unsustainable prices, and once all their competitors leave the market they raise their prices.
They’re not excessive subsidies. It’s USA and Europe that are not subsidising EVs enough.
Any country or car maker that does not get on board with decarbonisation of the transport sector needs to be shut down asap.
You might be somewhat right, however I would prefer that money going towards public transport and whatnot.
Alltough my guess is it will just be burnes in some shit like drone taxis.
Sorta like how the US runs the petroleum markets? You should go look at how they deal with softwood lumber too. Multiple WTO complaints for unfair trade practices. The US chose where they want to pour their subsidies and so has China.
I’m Canadian, so I’m well versed in softwood lumber dispute. However, we’re talking about EVs.
We’re talking about EVs and not comprehending my post, apparently.
I’m just not sure what your argument is. Since the US practices unfair trade in one industry, China should be allowed to in other industries? I don’t know if you missed this lesson in second grade, but, “Two wrongs don’t make a right.”
It’s not a matter of “allow”, it’s a matter of what governments choose to subsidize. There’s no point in getting pissy at China for subsidizing an industry to the detriment of other countries when the US actively does it in other industries. The US could do the same with batteries and EVs, but there’s no political will.
America is the largest oil producer in the world. It should not be a surprise the incentives to move to EV is not big. The longer we are all addicted to oil, the more money America and fossil fuel giants make.
China does not have much oil in the ground. They are investing in EV and renewables because it allows them independence from the oil lobby. Which is a very welcome coincidence to fight global warming.
Are Chinese subsidies really excessive compared to American subsidies? Tesla owes its entire existence to the government giving it carbon tax credits among other subsidies. Every single qualifying electric vehicle has been getting thousands of dollars in the form of tax credits all the way up to $7500 and it’s only been more generous now since it can be used as a rebate right at the dealership. American car companies have taken that to mean they can jack up prices by those thousands of dollars and even more, because they still treat EVs as mainly premium products.
If you want to talk about artificially out-competing competitors, the 100% tariff is a prime example. The US has dragged its feet on technologies like EVs so they can juice profits and now it’s crying and shrieking about competition being “unfair” for providing customers with a desirable product in a desirable price range. This protectionist policy not only sets back the fight against climate change, but also tightens the screws on customers who are already feeling the weight of inflation, just to continue the record profits by the auto companies.
They’re not, American cars are not competitive because US auto makers have relied on financialization and oligopolistic tactics.
America COULD build good affordable cars but that’s way harder than just doing another stock buyback.
is it hard to… ya know… hypothetically obtain one of these cheaper, mexican imported evs? askin for a huh friend
If you want yourself or your house to burn in a lítium battery fire, then sure, go for it.
Source?
China bad, what other source do you need?
https://www.sixthtone.com/news/1013638
https://teslamotorsclub.com/tmc/threads/bev-are-exploding-all-over-china.299443/
https://energytrend.com/news/20221018-30074.html
https://youtube.com/watch?v=-B5sIm_JmB4
https://www.carscoops.com/2024/03/chinese-evs-become-virtually-uninsurable-in-the-uk-says-report/
https://www.theverge.com/2019/6/27/18761067/nio-es8-electric-suv-recall-battery-fires-china
Keep in mind that negative stories from China (anything that casts China itself or people/companies within China) are heavily and aggressively censored.
Here is an alternative Piped link(s):
https://piped.video/watch?v=-B5sIm_JmB4
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
lmao you don’t even want to know about Tesla battery fires I take it?
lmao I have a very strong disdain for Tesla.
It’s an EV problem, not a China problem… Unfortunately
It’s both. China’s lack of regulations make a bad thing worse.
No, you cant import it. They dont meet safety standards.
What if we elect Trump and he gets rid of safety standards, could we import it then?
No cause he’s also gonna ban evs
However, you can import many kei cars and trucks and people are doing it because they’re super cheap.
They’re almost exclusively being imported as antique vehicles. I don’t think you’re going to find a cheap, useful, 25-year old Chinese EV, but all the power to you!
They sure look cheap to me:
https://boekiusa.com/inventory/new-jersey/paterson/all-vehicles/available
None of those are Chinese EVs. I was pointing out that the “anique import loophole” doesn’t apply to Chinese EVs (at least for another couple decades).
Sorry, missed the EV part. True, although there is a Japanese kei EV.
Not sure if you can import it or what the price is though.
I think you missed the point again. That’s only 2 years old. They need to be 25+ to be easily imported into the US. Otherwise you’ll pay tariffs and they’d be subjected to the same safety tests required for new vehicles sold in America. It’s only because they’re 25+ years old that they aren’t subjected to the standard rules on imports.
Gotta love American “freedom” sometimes. “Oh you can buy any car you want, well except those dirty foreign ones because checks notes they’re totally not up to our safety standards.” -_-
Except you know, working airbags, seat belts, fuses, a firewall (as in the sheet of metal separating the engine from the passenger compartment), working crumple zones, 5 mph bumpers, rollover protection, stuff like that
Do you think this is a Ford Pinto?
Edit: given that you mention crumple zones… A Tesla Cybertruck?
The pinto was 40 years ago, so thats probably accurate. Makes sense china is 40 years behind.
And the Cybertruck was…
Safer than any chinese car
