How much of these low prices is a result of the Chinese government subsidizing these companies to unfairly compete with established brands? Although, I will grant that having workers available at nearly zero cost is also an advantage.
I’ll be interested to see how the quality of these compares over time with Tesla etc…
How much of these low prices is a result of the Chinese government subsidizing these companies to unfairly compete with established brands? Although, I will grant that having workers available at nearly zero cost is also an advantage.
I’ll be interested to see how the quality of these compares over time with Tesla etc…
This argument gets brought up all the time. The US heavily subsidizes (directly, indirectly, and through tariffs) its local auto manufacturers.
This is the same scare as when the German cars came, and the Japanese, and the Korean.
Simplifies overview: https://youtube.com/watch?v=UhhZu0ZHdw4
until you get slapped with tariffs at the border, then it's 2-3.