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by fsckboy 2 hours ago
>Polestar is done in the U.S. market. Its sister brand Volvo, owned by the same Chinese parent company, was spared. No one has explained why. The U.S. Federal Government is meddling with the automotive industry, the free market, and capitalism.

I'm not saying "trust the government", not at all. But meddling in China trade is absolutely not meddling with the free market.

1 comments

How is preventing a Chinese brand from selling here not meddling in the free market?
"Free market" implies regulators aren't picking winners and losers etc. If China subsidizes their export industry to make manufacturing in other countries uncompetitive then it's already not a free market.

Ideally what you would want is to get China to stop doing that, but now propose a mechanism to get them to.

Have you seen Polestar's pricing? They're very much positioned as the premium EV option and their pricing is pretty much the opposite of dumping.