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this post was submitted on 25 Feb 2024
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Futurology
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If future means public subsidies, I'm all for it.
Chinese EVs are cheaper because they are prepaid by Chinese tax payers. That also includes taxes levied from our internet purchases for products made in China.
The secret ingredient is ~~crime~~ slave labor.
hired by the west in droves
No, the way this usually goes is that a Western firm will order parts from a company in China, which then subcontracts to a firm that uses slave labor. This obfuscation isn't always easy to find out about, especially if you don't have knowledgeable people on the ground.
if you are telling me they use slaves, then its pretty naive to think they don't know.
could have been you know, not outsourcing their shit to bangladesh or other east asian places known for their sweatshops, thats always an option.
Sent from my iphone.
The whole industry lives off subsidies, regardless of the type or where they are manufactured.
Is there any evidence for this?
It's very public knowledge. China doesn't hide it.
https://www.reuters.com/business/autos-transportation/china-announces-extension-purchase-tax-break-nevs-until-2027-2023-06-21/
https://www.npr.org/2024/02/18/1225653773/china-electric-vehicles-byd-nio-geely-vw-europe
https://www.reuters.com/world/europe/eu-launches-anti-subsidy-investigation-into-chinese-electric-vehicles-2023-09-13/
ETA: you're right to ask for a source
Right but if they’re made in Mexico? Maybe?
In a funny way this sounds like prescription drugs, cheaper for the world due to US tax payers.