24
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Jul 2024
24 points (87.5% liked)
Electric Vehicles
3220 readers
187 users here now
A community for the sharing of links, news, and discussion related to Electric Vehicles.
Rules
- No bigotry - including racism, sexism, ableism, casteism, speciesism, homophobia, transphobia, or xenophobia.
- Be respectful, especially when disagreeing. Everyone should feel welcome here.
- No self-promotion
- No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
- No trolling
- Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.
founded 1 year ago
MODERATORS
Good to see a little competition to come to North America. These companies are raping us here.
There's tons of competition in NA from companies located all over the world.
What China is trying to do is decimate the market by undercutting everyone long enough that they can put them out of business, which is why they're trying to sell them way below cost. Let's see them compete here only using the same subsidies that everyone else gets because once they accomplish their goal, the situation is going to be much worse for us than it is now.
https://electrek.co/2024/06/13/byd-bigger-ev-profits-eu-even-with-tariffs/
Quite the opposite is happening. EVs from the same make usually are sold at 50 to 100% markup outside of China. It seems more like the international market is subsidising Chinese EVs instead.