this post was submitted on 23 Apr 2024
449 points (97.5% liked)

World News

39143 readers
3245 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] MonsterMonster 11 points 7 months ago* (last edited 7 months ago) (1 children)

Competition was always going to happen it was just a question of when and to what degree. The established car makers weren't going to sit around and watch Tesla take their market share. But the rise of Chinese car manufacturers hitting the EV market has been swift and brutal. These are huge companies that are generally unheard of in the West such as BYD.

Edit, the link is almost a year old so I suspect figures have changed a fair bit since.

[–] AA5B 2 points 7 months ago

Yeah, I don’t think most legacy manufacturers can really compete yet and the US ones are backtracking themselves out of the market segment. Chinese manufacturers are a much bigger threat - who would have expected BYD to out-Tesla Tesla and come on stage so big so fast. Here in the US , politicians are trying to set up protectionist barriers but I’m not confident they’ll succeed