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Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers (apnews.com)

submitted 5 months ago by MicroWave to c/economics

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It’s a scenario that terrifies America’s auto industry.

Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States.

As the Chinese EVs go on sale across the country, America’s homegrown EVs — costing an average of $55,000, roughly double the price of their Chinese counterparts — struggle to compete. Factories close. Workers lose jobs across America’s industrial heartland.

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[–] w2tpmf 4 points 5 months ago (2 children)

Quality control? Safety standards? Phhhh those only add cost!

Buy an affordable car from XYSSJ brand!

...oh a XYSSJ car catches fire and kills the passengers trapped inside ... and the brand disappears.

Not to worry! You can buy an affordable car from the latest brand:FongWay! These cars sure look surprisingly familiar... 🤔

[–] _sideffect 3 points 5 months ago (1 children)

Lol, like on amazon... Same products, different random brand name

[–] w2tpmf 1 points 5 months ago

One really bad deaign out of thousands made in 120 years of manufacturing. Still a pretty good average.

They had a few other famous failures (though not nearly as bad as the Pinto) including the Edsel and the Bronco 2. Both of which they removed from production and moved on to make something better.

Ford is literally the antithesis of what I was saying about a brand that just disappears after a fuck up rather than owning it and improving on the next one.

[–] teamevil 2 points 5 months ago

Said the manufacturing arm of Ford responsible for the Pinto