Allowing China to sell their cars at a loss in the US is definitely a bad thing. It allows China to take over the US market by undercutting the competition. The reason for the teriffs, as far as I understand it, is that the Chinese government is subsidizing the EV manufacturers in an attempt to kill competition and corner the market. It is an anti competitive practice that, if it paid off, would allow China to artificially push other EV makers out of the market, then raise prices when their competition is gone.
It didn’t occur in industries where China holds a strong presence, such as solar and other renewable energy equipment, or in lower-tech products available on platforms like AliExpress, Amazon, and eBay. So, why would it be different for electric vehicles (EVs)? Currently, the primary foreign competitor for EVs in China is Tesla, and prices for EVs are decreasing rapidly.
BYD electric vehicles are sold at a significantly higher profit margin in Europe compared to China.
What? There’s so much electronics products that you just can’t find not made in China these days, it 100% happened! Just because the brand isn’t Chinese doesn’t mean they’re not dependent on China!
Thats maybe only true for the US. In Europe, the solar panel industry ist dead, Like the following:
The Screen/TV industry,
Heat Pumps,
consumer electronics,
As is most of the Smartphone production, again, outside Design and probably the Premium/sustainable Brands.
Nearly every industry, where you can undercut competitors costs by leveraging economies of scale through pollution and the abolishment of labour laws and human rights
Allowing China to sell their cars at a loss in the US is definitely a bad thing. It allows China to take over the US market by undercutting the competition. The reason for the teriffs, as far as I understand it, is that the Chinese government is subsidizing the EV manufacturers in an attempt to kill competition and corner the market. It is an anti competitive practice that, if it paid off, would allow China to artificially push other EV makers out of the market, then raise prices when their competition is gone.
It didn’t occur in industries where China holds a strong presence, such as solar and other renewable energy equipment, or in lower-tech products available on platforms like AliExpress, Amazon, and eBay. So, why would it be different for electric vehicles (EVs)? Currently, the primary foreign competitor for EVs in China is Tesla, and prices for EVs are decreasing rapidly.
BYD electric vehicles are sold at a significantly higher profit margin in Europe compared to China.
https://finance.yahoo.com/news/eu-unwinnable-price-war-chinese-104847336.html
What? There’s so much electronics products that you just can’t find not made in China these days, it 100% happened! Just because the brand isn’t Chinese doesn’t mean they’re not dependent on China!
Thats maybe only true for the US. In Europe, the solar panel industry ist dead, Like the following:
As is most of the Smartphone production, again, outside Design and probably the Premium/sustainable Brands.
Nearly every industry, where you can undercut competitors costs by leveraging economies of scale through pollution and the abolishment of labour laws and human rights