US carmaker is China’s biggest exporter but it’s been excluded from the probe, meaning it could be hit by duties based on state aid doled out to its competitors.
It’s cheaper even without the price war. A combination of lower labour costs and economics of scale make Chinese EV’s cheaper in general and shipping costs, tariffs and dealer markups make them more expensive in Europe. This is also likely combined with the assumption that Europe’s higher purchasing power can be squeezed as much as possible to recuperate some of what they’ve lost in the bloody hell that is their home market. Even VW and the Germans do the same thing.
Also I wouldn’t say demand cratered. While it slowed, the shares of EV sales is still steadily rising. Pretty sure it’s nearly 40%.this quarter.
It does seem to be a bit prevalent. It’s also obviously untrue. I mean it’s not their.fault they started growing much later than the Europeans and have lower wages. Or that they built up the entire EV supply chain
It’s cheaper even without the price war. A combination of lower labour costs and economics of scale make Chinese EV’s cheaper in general and shipping costs, tariffs and dealer markups make them more expensive in Europe. This is also likely combined with the assumption that Europe’s higher purchasing power can be squeezed as much as possible to recuperate some of what they’ve lost in the bloody hell that is their home market. Even VW and the Germans do the same thing.
Also I wouldn’t say demand cratered. While it slowed, the shares of EV sales is still steadily rising. Pretty sure it’s nearly 40%.this quarter.
maybe using lower labour costs and economics of scale to compete with EU is immoral
I’m assuming you’re being sarcastic?
i believe most guys in reddit believe that
It does seem to be a bit prevalent. It’s also obviously untrue. I mean it’s not their.fault they started growing much later than the Europeans and have lower wages. Or that they built up the entire EV supply chain