| That's certainly a take. China just has this decades long history of targeting foreign industries, flooding the market with that product, and then being the only one left standing. The idea that we should allow cheap vehicles to flood the domestic market because that will "cause the US auto manufacturers compete" ignores the wholly uneven playing field at work here, and the government backed goal of one side. Just the cost of labor alone makes that not an approachable thing to do. On the reverse "bad" US side, we have more and more international auto manufacturers building and investing in factories in the US every year. Strangely, this decision involves billions of dollars and years of work to make happen. It's not based on internet vibes. And the "renewable" growth is really kind of misleading. They're also building more coal power plants than the rest of the earth, combined, each year. They represent ~50% of the worldwide coal power in use today and produce roughly one third of the total CO2 in the world now, almost 3x that of the US. But I guess the future is government funded undercutting of international competitors, using technology stolen by the government from those competitors, in order to destroy those competitors, while using very dirty and cheap energy to do so? Is that the lesson we're supposed to learn from them? |
They've played their own regulatory capture games here and have all but abandoned the concept of affordable small cars & EVs. They've decided to go all in on $80k luxury EVs and enormous trucks (while being protected by 25% tariffs on light truck imports), and the stupid CAFE footprint loophole.
Maybe if they'd stop flooding our streets with ridiculously sized vehicles and actually tried to compete, it would be a different story. They aren't even trying.
We are just as capable of offering subsidies, if thats what it takes, to make small affordable EVs.