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…
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.
I’m not wrong because you typed words. You “but” capitalism. I don’t. You simp for capitalism when you personally like it. That’s pathetic.
Many brands are assembling their cars in China. https://www.thecarexpert.co.uk/which-new-cars-are-built-in-china/