Lugh@futurology.todayM to Futurology@futurology.todayEnglish · 8 months ago“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makersthedriven.ioexternal-linkmessage-square90fedilinkarrow-up1286arrow-down116
arrow-up1270arrow-down1external-link“Corolla killer:” BYD launches $US15,000 sedan EV with 420 km range in direct attack on legacy makersthedriven.ioLugh@futurology.todayM to Futurology@futurology.todayEnglish · 8 months agomessage-square90fedilink
minus-squaresadreality@kbin.sociallinkfedilinkarrow-up6arrow-down1·8 months agoBut restricting competition is? To benefit price gouging US companies?
minus-squareDdCno1@kbin.sociallinkfedilinkarrow-up3arrow-down5·8 months agoThey aren’t price gouging, they have to pay actual living wages, have higher energy costs (China uses almost entirely cheap coal) and can’t as easily use slave labor as Chinese automakers.
minus-squaresadreality@kbin.sociallinkfedilinkarrow-up7arrow-down2·8 months ago They aren’t price gouging I trust u bro
minus-squareDdCno1@kbin.sociallinkfedilinkarrow-up3arrow-down2·8 months agoGM has negative margins on EVs: https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c As does Ford: https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1 This takes seconds to research.
minus-squaresadreality@kbin.sociallinkfedilinkarrow-up4·8 months agoyeah they are pricing gouging on trucks and SUVs while designing shiti products that’s expensive/hard to repair. also tesla seems to be doing fine. GM should git gud.
minus-squareDdCno1@kbin.sociallinkfedilinkarrow-up2arrow-down1·8 months agoIf you think the repairability of American cars is bad, you’re in for a rough awakening with Chinese cars.
But restricting competition is?
To benefit price gouging US companies?
They aren’t price gouging, they have to pay actual living wages, have higher energy costs (China uses almost entirely cheap coal) and can’t as easily use slave labor as Chinese automakers.
I trust u bro
GM has negative margins on EVs:
https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c
As does Ford:
https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1
This takes seconds to research.
yeah they are pricing gouging on trucks and SUVs while designing shiti products that’s expensive/hard to repair.
also tesla seems to be doing fine. GM should git gud.
If you think the repairability of American cars is bad, you’re in for a rough awakening with Chinese cars.