Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
    • n2burns@lemmy.caEnglish
      0·
      5 months ago

      That doesn’t exist anywhere…and I frankly don’t think it ever will.

      EDIT What’s with the downvotes? Does anyone want to refute this?

      • Emmy@lemmy.nzEnglish
        0·
        5 months ago

        Logically the refutation is kind of easy. Your prediction hinges on two things. A predicate that technology will never get better or cheaper.

        Both of those things happen all the time as such, the refutation is simple.

        Points to our entire technological history

        • n2burns@lemmy.caEnglish
          0·
          5 months ago

          Vehicles aren’t just one technology though, they are commodity items. Cellphones are more expensive than a decade ago, so are laptops. The average ICE car has gotten much more expensive over time. So, do you think EV technologies will get significantly cheaper quicker than inflation and the general direction of the industry?

          • Hotmailer@lemmy.worldEnglish
            0·
            5 months ago

            The Chinese government is subsidising the car industry to outcompete and destroy other manufacturers. These cars are being sold for less than they’re worth. This is why the EU is banning them. Its the same thing when you in wish and order something for 3 dollars. The Chinese government subsisdises the postage in China and international law means your post has to deliver it in your country.

      • Crikeste@lemm.eeEnglish
        01·
        5 months ago

        You provide no proof of the facts you state, therefore it’s just as easy for me to say you’re wrong as it is to believe you. 🤷🏼‍♂️

  • dual_sport_dork 🐧🗡️@lemmy.worldEnglish
    01·
    5 months ago

    undermining regional carmakers

    I think the word they’re looking for is in fact “outcompeting.”

    Yutaro-Katori-with-butterfly-meme: Is this capitalism?

    • Neato@ttrpg.networkEnglish
      1·
      5 months ago

      Outcompeting by having a nation subsidize the cost. Until local manufacturers go out of business because they can’t compete. Then China owns the entire industry she jacks to the price.

      It’s like no one has been paying attention.

      • maynarkh@feddit.nlEnglish
        1·
        5 months ago

        It’s weird that this has to be explained to Americans - this is how much of Big Tech got to where they are, except they call it “disruption”.

        BTW this shows perfectly that free markets are not a be-all-end-all thing. It’s a tool, and if it produces outcomes that you don’t like, you can adjust it for better outcomes. The hypocrisy here is not that they pretend to worship the market then cry foul when China enters it on their terms, but that they do adjust it for their benefit all the time, and only pretend to worship it when people ask for their fair share.

        • n2burns@lemmy.caEnglish
          1·
          5 months ago

          While we’ve seen this cycle play out quite a few times in Big Tech, I think a lot of people just aren’t aware of what it is. I’ve had friends decry how, “Uber is now basically as expensive as a taxi.” I point out how Uber is only recently profitable and see people’s minds get blown.

      • nekandro@lemmy.mlEnglish
        11·
        5 months ago

        Lmao there’s a guy who usually posts a long response to these “subsidies” claims bullshit, but I think they got into a pissing match with a mod in the comments and got banned lmao.

        Jist of it is: China’s subsidies are negligible compared to the US, and what they’ve actually done is created a competitive domestic market with a large number of players. Unless you think Chinese people are all puppets, even if China (as a country) owns the industry it would not prevent internal competition that drives down prices. Moreover, China does not offer per-unit subsidies on export. In fact, Chinese EVs exported to Europe are something like 40% more expensive than domestically for the same model.

        • CeeBee@lemmy.worldEnglish
          0·
          5 months ago

          You’re introducing an argument as a way to undermine the viewpoint that’s opposite to yours.

          No one said it’s fine “when we do it”. That’s not the point being discussed.

          The other bigger issue here is that these new cars are coming from a region that has a horrendous track record for safety and quality. EVs when done right are still a considerable risk with battery fires, but the ones manufactured in China are much worse for quality and safety. In the next few years, as these cars flood markets around the world, it will be a massive issue.

          • nom_nom@lemmy.mlEnglish
            1·
            5 months ago

            They seem safe enough to pass the EU’s safety standards, which are much higher than the US. Also this blanket “quality issues” argument without specific evidence is terrible. If we’re going off of quality in recent history, American manufacturing is down the toilet in terms of quality - just look at Boeing.

      • mlg@lemmy.worldEnglish
        01·
        5 months ago

        Local manufacturers

        You mean Ford, GM, and Chrysler who make useless pieces of garbage and also outsource production to Mexico?

        Who also got bailed out by the federal government for going bankrupt back in 2009?

          • mlg@lemmy.worldEnglish
            01·
            5 months ago

            If they were barely a blip, they wouldn’t have been bailed out for 17.4 50 billion dollars.