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submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

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[-] ShepherdPie@midwest.social 0 points 10 months ago

Yes it is bad when those subsidies reduce the price of the car (or any other product) to half of what the competition is charging. This puts the competition out of business and gives consumers less options. Once the competition is gone, the price shoots up past what it would be initially because we have no other option. They've done this countless times in many industries.

[-] LightDelaBlue@lemmy.world 1 points 10 months ago

They just use the same weapon as the conçurency so . Tbf money need be spend in city made for human not cars but it's a other story .

this post was submitted on 20 Feb 2024
110 points (93.7% liked)

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