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submitted 1 year ago by MicroWave@lemmy.world to c/world@lemmy.world

Auto execs in the US, Europe, and Japan never thought Chinese EVs were a threat. Now they’re coming to wipe the floor with their Western counterparts.

“You won’t believe what’s coming,” warned the title of a January 2023 video from the Inside China Auto YouTube channel. “Europe’s premium car makers aren’t ready for this,” warned another video from the same channel, uploaded in July.

Produced by Shanghai-based automotive journalist Mark Rainford, a former communications executive for Mercedes-Benz, the channel is one of several by China-based Western commentators agog at what they are seeing—and driving.

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[-] phoneymouse@lemmy.world 50 points 1 year ago

American, Japanese, and European car manufacturers had decades head start in this area and they blew it chasing higher profit margins on large trucks and SUVs with lax EPA gas mileage restrictions at a time when climate change has become a major crisis.

[-] ours@lemmy.film 18 points 1 year ago* (last edited 1 year ago)

And BS green washing with dead end hydrogen demo cars.

[-] winterayars@sh.itjust.works 13 points 1 year ago

Yeah they're so weirdly fucking attached to hydrogen cars even though there has never been anything even remotely approaching a solution to their problems.

[-] InvertedParallax@lemm.ee 7 points 1 year ago

The execs could make extra money double dipping from oil companies, they are taking marketing funds from oil companies pushing hydrogen too.

Utility companies are often public and even otherwise evs don't really have the same margins for electricity.

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this post was submitted on 15 Oct 2023
62 points (81.6% liked)

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