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Nearly all major car companies are sabotaging EV transition, and Japan is worst, study finds (thedriven.io)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] buzz86us 13 points 6 months ago (2 children)

Force them to commit or repeal Chinese tariffs

[–] Maggoty 23 points 6 months ago (1 children)

The tariffs were explicitly to protect them. To prevent them from having to compete. We're about to eat a lot of shit.

[–] buzz86us 3 points 6 months ago (1 children)

Well they have to first compete.. I have yet to see a good under $25k mass produced EV

[–] Maggoty 7 points 6 months ago (1 children)

And now you won't. They don't have to work their prices down now.

[–] buzz86us 2 points 6 months ago

The issue I'm seeing here is that there isn't anything to protect legacy auto does not make a product that is remotely comparable

[–] draughtcyclist -2 points 6 months ago (1 children)

Those tariffs exist to level the playing field against Chinese auto makers in a global marketplace. When the state sponsors companies, it's not a true capitalist market. Other nations literally can't compete.

Yes, I realize we give US automakers tax breaks. We shouldn't do that either. But not pretend this is a fair and open market either.

[–] Hildegarde 1 points 6 months ago

Other nations literally can compete. It's not like subsidies are a uniquely chinese idea. The US sponsors companies all the time.

Governments can also nationalize industries. Its wrong to say they can't compete. No, they choose not to.