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.
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?
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.
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?
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.