• qooqie@lemmy.world
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    1 year ago

    I’m not entirely sure why they want to fight low prices? The article doesn’t say why EU and others shouldn’t be able to afford e-vehicles

    • lorez@lemm.ee
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      1 year ago

      They undercut the sales of European vehicles which cost more.

        • Wogi@lemmy.world
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          1 year ago

          “Capitalism breeds innovation and drivers prices down!”

          Capitalism: no not like that

              • barsoap@lemm.ee
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                1 year ago

                Of course they are, subsidies are one of capital’s favourite methods to siphon money out of the populace. Or were you under the impression that greedy people like playing fair on fair markets?

            • elouboub@kbin.social
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              1 year ago

              US government shoving millions up the asses of the their industries: capitalism

              China shoving millions into their industries: communism

              Yours faithfully, the brainwashed USAian

            • chaogomu@kbin.social
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              1 year ago

              Every country does some level of industry subsidy. So it’s kind of baked into capitalism now. And, technically, has been since the beginning.

            • Vilian@lemmy.ca
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              1 year ago

              yes, it is, USA also do that, and others countries with fossil fuel

              • bioemerl@kbin.social
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                1 year ago

                Yes, and the EU largely responds in the sectors of US subsidy. Food imports are restricted. Airbus and Boeing are constant sources of trade spats, etc.

                Chinese subsidy makes American subsidy look like childs play. Their response to China should match that discrepancy.

              • Peaty
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                1 year ago

                They are talking about car subsidies which China does and not all countries do in all markets.

        • Pringles@lemm.ee
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          1 year ago

          It’s not that simple. Caricatures are easy, but the fact remains that the Chinese auto makers are heavily subsidized and it’s that government support that allows them (partially at least) to undercut the European auto makers.

          That being said, the European auto makers really deserve to be hurt for their arrogance. And that’s coming from someone whose income is directly related to how well they do.

        • bluGill@kbin.social
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          1 year ago

          In the US they would, unless they get an exception (which generally means they are not cars and cannot be used on roads, though there are other ways to get an exception: none would apply to anything mass market)

          I don’t know what EU rules are.

          • KairuByte@lemmy.dbzer0.com
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            1 year ago

            I think generally, if the car is a make and model that has previously passed inspections, they don’t need to be re-inspected? For instance, you don’t generally run into a situation where your ford focus is inspected, because that make and model is already “well known” so to speak.

      • BastingChemina@slrpnk.net
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        1 year ago

        The Chinese cars by Chinese manufacturer are generally getting excellent safety rating. Most of them get 5 stars on NCAP crash test.

        On the other hand the Renault Zoe, one of the best selling European car by a european manufacturer got a 0 star on the same crash test. It’s not an isolated case, the e-c3 got a 0 star on the latin american test, I’m waiting to see what will be the score in Europe.

        I’m not saying that Chinese car are better but the bad reputation is not justified anymore. Europeans automakers should get their shit together if they want to survive.

    • bioemerl@kbin.social
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      1 year ago

      low prices

      They’re fighting Chinese market manipulation that is specifically designed to make the world dependent on them and lowers wages across the world by creating massive market imbalances. Every nation with two brain cells should ban the import of all Chinese vehicles and eventually all Chinese industry entirely.

    • paintbucketholder@lemmy.world
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      1 year ago

      Chinese electric car makers get absolutely massive state subsidies. There are companies like Nio that have never made a single dollar of profit. Nio has been losing money on every single car they sell, to the point where they’ve been losing almost a billion dollars in the last quarter alone.

      However, China doesn’t care. The state keeps financing these companies, because if they can undermine European and American auto makers to the point where they’re simply unable to compete and maybe even completely collapse, then Chinese car makers will be the only ones left in the market, and they’ll be able to charge any price they want.

      And realistically, which American or European car maker will be able to compete with a multitude of Chinese competitors that all can afford to lose billions and billions every year without batting an eye?

      So that’s why they want to fight “low prices.”

    • zout@kbin.social
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      1 year ago

      As long as safety and environmental regulations in China are lower than in Europe, it will always be cheaper to produce there.