China subsidizes EV production, and EU companies struggle to keep up. Now EU politics wants to make Chinese EVs more expensive?
In face of climate change, I can think of two more favorable solutions:
- Subsidize your own EV production. No one should be willing to buy an ICE anymore, anyways.
- Invest in public transit, bike infrastructure, cargo bikes. No one (except rural folks) should be dependent on owning a car, anyways.
TL;DR: The European Commission is launching an anti-subsidy investigation into Chinese electric vehicle makers, potentially leading to higher import duties. This move aims to protect Europe’s auto industry and address concerns of dependency on China. If Chinese EVs are found to have an unfair advantage due to subsidies, it could impact their growth in Europe and lead to retaliatory measures. The investigation reflects growing geopolitical tensions and could influence the global EV market. (via ChatGPT)
This article is very biased.
Chinese cars are in no way a threat to Volkswagen and especially not a life or death situation.
They are cheap and they are many. That’s it. Tesla and other carmakers did EVs slow and steady and china subsidized like hell and is trying to flood markets.
Just like every other easy to build technology. Find thing, make thing flood market with cheap versions and less cost.The German car makers are loosing in the EV war in China, due to too high cost. Especially Volkswagen is among the best in terms of EVs, Europe has to offer. I am sorry, but same specs with half the price is a really good selling point. With subsidies that is very much possible.
German cars in europe are losing the EV war in Europe because of high costs. China can just throw cars below ID3 prices onto the market and it’s gonna look like a good deal. Chinese cars also don’t have to follow any data protection laws in their software. If VW is the best European EV I can’t say as I’ve not driven anything but VW, BYD and Nio.
Did you see how terrible the recent privacy results were for European and US car manufacturers? What extra metrics can the Chinese cars gather?
No i did not. Feel free to share. I can only find shitty articles that read like buzzfeed
Thanks. Shitshow.
I don’t know what’s actually going on, but this certainly sounds like something someone would say who’s about to be taken over by an “underdog” who couldn’t possibly beat them.
No, they can beat ““us”” by subsidizing their exports. If they didnt they wouldnt even be here. Thats even mentioned in the article.
If you are talking about china as if it was an underdog you make yourself look like an idiot btw. China is a worldpower that is very open about disrupting foreign markets if it brings in money.But it’s fine. China still imports machinery and chemicals like crazy. We’re not gonna die
Isn’t cheap and many of a
goodless bad thing exactly what you’d want? As a consumer.Of course. I would love to have my car but spend way less. Bur i think it would be very bad for the economy if this all is because the CCP actively subsidizes cars to export at cheap prices.
Same reason why donating old clothes to african countries sucks. Because it destroys their local production of those goods. German cars would be banned by the CCP if we subsidized them and somd them at a loss in china with the goal of destroying their own automobile market.You think other countries don’t subsidize their industries for competition? Lol
Welcome to the real world kiddo
We also put import tariffs on other things that are being aggressively subsized. Welcome to regular economy.
Sure do this. But maybe at the same time see where these western manufacturers are profiting excessively and get that under control too because these electric cars are too damn expensive. At least here in the US they are.
