I wonder if the fact that most American and European carmakers are stubbornly clinging to the 1800s technology known as the internal combustion engine while Chinese ones are actively embracing the modern technology that car buyers actually want has anything to do with it 🤔
And also the fact that they control all the resources (like rare earth minerals) needed to make EV batteries while every other manufacturer is forced to buy them at a markup from China. They even have their own slave labor force to work the mines so that they can keep prices low for themselves.
Mostly the main reason. That and state subsidies to kill the foreign car market with long term goals. Someone always suffers with capitalism. Even state capitalism. 🤷♂️
Apart from not being true, that doesn’t even make grammatical or mathematical sense 😄
That and state subsidies to kill the foreign car market with long term goals
Except that goes both ways, with Europe and the US subsidizing their automakers and disadvantaging the Chinese ones just as much if not even more.
Someone always suffers with capitalism.
True.
Even state capitalism
Also true, although protectionism ≠ state capitalism.
Capitalism is a philosophy/ideology where the maximum accumulation of capital possible is held up as the main goal of existence.
Protectionism DOESN’T maximize the capital of the state, or the majority of the people residing in it, only the companies benefitting from it and the politicians they bribe.
Why aren’t US or other non-chinese car makers making more electric cars to compete?
Instead they take oil money to keep combustion engines around as the primary. Despite companies like Ford having been subsidised by the government to still exist with no real requirements.
Most countries have come all the told it needed to be able to do this and refused to adapt at the same time.
I’m the end it’s a race for the bottom which just sucks…
European carmakers have dozens of EV models on the market, and they are dominating the EU market though selling poorly outside it.
While rapidly shrinking, the ICE market in the EU still accounts for about three quarters of the market. This is why some EU carmakers (notably Stellantis) have shifted to a Kodak strategy in an attempt to make short-term gains over the coming decade.
European carmakers have dozens of EV models on the market, and they are dominating the EU market
Yet the north American manufacturers have (at best) only 1 or 2 models of EV available, and those are priced in their luxury range, then they complain that nobody wants to buy EVs, so they double down on massive SUVs and unnecessary pickups.
Yes, but they make many times more ICE ones than that, despite the fact that consumers generally prefer EVs as long as the price is right.
and they are dominating the EU market though selling poorly outside it.
That’s probably heavily influenced by national and EU subsidies and other regulations designed to give them significant advantages over non-European competitors, rather than what European drivers want.
the ICE market in the EU still accounts for about three quarters of the market
Because of the aforementioned stubbornness and preferential treatment more than anything else.
The EU was going to ban new ICE cars by 2030, before lobbying from the major car making countries succeeded in pushing it back to 2040. I just hope they won’t succeed in their current efforts to push it back even farther if not repeal the regulation entirely 😮💨
I wonder if the fact that most American and European carmakers are stubbornly clinging to the 1800s technology known as the internal combustion engine while Chinese ones are actively embracing the modern technology that car buyers actually want has anything to do with it 🤔
What? Rubbish. Total incomprehensible rubbish.
Right, time to get the coal burning in my steam tractor!!
It probably has more to do with the cost of labour in China.
And also the fact that they control all the resources (like rare earth minerals) needed to make EV batteries while every other manufacturer is forced to buy them at a markup from China. They even have their own slave labor force to work the mines so that they can keep prices low for themselves.
That’s another part of it, sure, but DEFINITELY not the whole or even main reason.
Mostly the main reason. That and state subsidies to kill the foreign car market with long term goals. Someone always suffers with capitalism. Even state capitalism. 🤷♂️
Throwing more people at a design problem doesn’t often actually improve the rate of solving it.
Apart from not being true, that doesn’t even make grammatical or mathematical sense 😄
Except that goes both ways, with Europe and the US subsidizing their automakers and disadvantaging the Chinese ones just as much if not even more.
True.
Also true, although protectionism ≠ state capitalism.
Capitalism is a philosophy/ideology where the maximum accumulation of capital possible is held up as the main goal of existence.
Protectionism DOESN’T maximize the capital of the state, or the majority of the people residing in it, only the companies benefitting from it and the politicians they bribe.
Europe and the US generally pay subsidies for EV purchases, not production.
If you buy a Chinese EV in most countries with an EV subsidy, you get two subsidies: the Chinese one for production and the local one for purchasing.
That’s kind of the point though, no?
Why aren’t US or other non-chinese car makers making more electric cars to compete?
Instead they take oil money to keep combustion engines around as the primary. Despite companies like Ford having been subsidised by the government to still exist with no real requirements.
Most countries have come all the told it needed to be able to do this and refused to adapt at the same time.
I’m the end it’s a race for the bottom which just sucks…
Most countries don’t subsidise goods sold into other countries. It’s literal economic warfare.
Most companies also have plenty of EV offerings. They’re just not as popular as ICE counterparts yet.
🤡🪙
Good comeback 🙄
No point saying anything else, and you know that.
Sure, can’t just admit you were wrong like a big boy/girl/other. That’s obviously beyond your capabilities.
Many brands are assembling their cars in China. https://www.thecarexpert.co.uk/which-new-cars-are-built-in-china/
European carmakers have dozens of EV models on the market, and they are dominating the EU market though selling poorly outside it.
While rapidly shrinking, the ICE market in the EU still accounts for about three quarters of the market. This is why some EU carmakers (notably Stellantis) have shifted to a Kodak strategy in an attempt to make short-term gains over the coming decade.
Yet the north American manufacturers have (at best) only 1 or 2 models of EV available, and those are priced in their luxury range, then they complain that nobody wants to buy EVs, so they double down on massive SUVs and unnecessary pickups.
Yes, but they make many times more ICE ones than that, despite the fact that consumers generally prefer EVs as long as the price is right.
That’s probably heavily influenced by national and EU subsidies and other regulations designed to give them significant advantages over non-European competitors, rather than what European drivers want.
Because of the aforementioned stubbornness and preferential treatment more than anything else.
The EU was going to ban new ICE cars by 2030, before lobbying from the major car making countries succeeded in pushing it back to 2040. I just hope they won’t succeed in their current efforts to push it back even farther if not repeal the regulation entirely 😮💨