- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.
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Awwwwww!
Are all the capitalists afraid of some friendly capitalist competition!?
The west needs to take the hint and ditch the fossil fuels and legacy automaker excuses.
fossil fuels and legacy automaker
Fossil fuel companies and legacy automakers donate more
Even they aren’t going to delay the inevitable forever, though.
I think of fossil fuel companies and legacy automakers as part of the Deep State
They seem pretty open about being in the trough.
Wired Magazine - News Source Context (Click to view Full Report)
Information for Wired Magazine:
MBFC: Left-Center - Credibility: High - Factual Reporting: High - United States of America
Wikipedia about this sourceSearch topics on Ground.News
https://www.wired.com/story/china-conquers-mexican-automotive-market-and-the-us-is-worried/
Provides a better product at half the cost.
/Capitalists lose their minds.
I was going to say something about Chinese vehicles not entirely being the greatest quality, but then I remembered we’re comparing it to American vehicles.
Better product, half the cost. Can’t go wrong.
Lol capitalists are stuck with cars and malls and dozens of dying industries they gon have a bad 30 years as new infrastructure becomes a necessity
To get an idea of margins:
The BYD Seagull sells under the Dolphin Mini name in South America. The Seagull (see specs) is the BYD’s cheapest electric car launched in April last year. Its price range initially lay between 78,800 – 95,800 yuan (10,850 – 13,200 USD)
China Conquers Mexico
…’s Automotive Market, and the US Is Worried
Give me a heart attack this morning, why don’t you?
And we thought the timeline couldn’t get any dumber.
