
Biden urged to ban China-made electric vehicles from the US. “Chinese electric vehicles are an existential threat to the American auto industry”.
https://www.bbc.com/news/articles/cyerg64dn97o
by wakeup2019

Biden urged to ban China-made electric vehicles from the US. “Chinese electric vehicles are an existential threat to the American auto industry”.
https://www.bbc.com/news/articles/cyerg64dn97o
by wakeup2019
30 comments
I really hope Biden doesn’t ban affordable EV that could be imported from China to the US market. That will only make US automakers work harder to be more competitive. It’s a global economy, not a US based economy.

lol so less free market than China when it might mean it hurts US rich because they don’t really want to compete is ok
So protectionism?
The definition of Free Market. What a load of BS. We will sell your stuff until you can make it and sell it at a lower cost.
US auto industry deserves everything they got coming for them. They’ve been slacking and sitting on their wrinkly fat asses. Japanese cars have been in the market for 4 decades, and they still can’t compete against it.
It’s like the uproar about Japanese car makers in the 80s all over again…
Hey US car manufacturers, why don’t you just try and make a decent electric vehicle instead?
Free market lolooololooololoolool.
Allowing those cars into the US market will put pressure on Unions and push wages lower and workers ultimately will take the hit, because the company isn’t going to take a hit on profit margins in order to compete. And even with that the US will have a challenge because they’re selling them below our cost and in some cases below their cost like Huawei. Some tariff will have to be put into place to bring them to US market prices if there allowed in. Huawei would essentially be dumping them from what I understand. This is what the Koreans did with appliances against Whirlpool and GE. Ultimately Samsung had its dumped washers banned, and had to shutter a $300m appliance plant in Mexico, but it hurt the US companies and the damage was done.
These Chinese manufacturers likely enjoy government subsidies at a much higher rate than the US automakers so it’s not an even playing field. But in any cases, in the global market the US automakers will get crushed on price. And having ridden in a BYD, they’re well made. They’re better made than any Tesla I’ve been in.
But that doesn’t even begin to cover the massive intelligence risk, privacy risk, or the hacking risk of these vehicles. We know Tesla snoops on camera data both inside and outside of the vehicle, what do you think the cars of a country we might be at war with over Taiwan and the East China Sea might do?
Protecting that profit margin from all harm is the end goal. Somehow American companies can’t slap an electric motor, some batteries, and a car chassis together for anything less than 30k.
I don’t know about these folks, but I’m still a capitalist and believe in a free market. (Except for insurance, it shouldn’t be for profit, should be centralized IMO. Spread the risk and the cost.)
I don’t want Chinese EV either, but let not pretend US auto industry refused to build EV that’s affordable is not the primary problem.
Thought this would be a sign that people want EV, affordable ones.
Yeah I’d hate it if competition lowered the price of a car
It is like industry doesn’t like capitalism. Socialism it is!
Instead of building a competitive car industry or subsidizing the right car companies, the US subsidized a narcissistic Chinese and/or Russian asset who wasted that money on the Cybertruck, Twitter and Ketamine.
Now, the second best option is to ban the incoming threat. That’s always worked out well in the past, right?
Doesn’t sound very capitalist of him.
Solar panels all over again. Are we really going to delay a clean energy future because we want our political buddies to have a monopoly despite the fact that it’ll cost significantly more to do so?
It will eat the lunch of tesla and it’s ilk but the hybrid makers will continue to dominate as America has already pivoted.
So we’re going to become more like China by limiting trade? Ok
While I love my auto industry, I’m long past the high cost of a car. If someone can make it cheaper and still be reliable, bring it on. That’s the entire thing capitalism was built on right?
This is actually a big negative for the global economy and for the climate push, It’s going to increase the price of EVS
What happened to a free market? I want the $2k electric car they announced
Bruh… we neeeeeed cheap cars
Free market lol
Like a blood bath?
All the people who whine about “free market”, probably forgot that China has never had a free market. In no way US or any other western nations should treat China equally, treating them as if they care about free market.
So much for capitalism
Except when the Gov does that the car manufacturers will feel safe increasing their price.
Read as: “Chinese electric vehicles are an exeistential threat to the American auto industries *record breaking profits*.
Of course Biden would do this. This is fascism in action everyone.
When U.S sanction themselves.