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@boem@lemmy.world to Technology@lemmy.worldEnglish • 1 year ago

Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

@boem@lemmy.world to Technology@lemmy.worldEnglish • 1 year ago
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The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
  • @cyd@lemmy.world
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    49•1 year ago

    China is using subsidies to accelerate the green transition, exactly like the US is doing with the “Inflation Reduction Act” and other initiatives.

    • @assassin_aragorn@lemmy.world
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      3•1 year ago

      And just like China with cars, the IRA spurred other European countries to pass similar legislation to remain competitive.

    • @CeeBee@lemmy.world
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      -5•1 year ago

      China is using subsidies to accelerate the green transition

      https://www.youtube.com/watch?v=TDfLWFv3ixk

      https://www.youtube.com/watch?v=oEMtTtUZXEk

      https://www.bloomberg.com/features/2023-china-ev-graveyards/

      https://www.nytimes.com/interactive/2022/09/26/world/asia/china-fishing-south-america.html

      https://www.theguardian.com/environment/2020/sep/17/chinese-fishing-armada-plundered-waters-around-galapagos-data-shows

      https://www.youtube.com/watch?v=4LFCBTnrMow

      https://www.youtube.com/watch?v=1SEfwoqKRU8

      https://www.youtube.com/watch?v=bLFYChw5c0Y

      Yup. Totally green.

      • @PipedLinkBot@feddit.rocksB
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        1•1 year ago

        Here is an alternative Piped link(s):

        https://www.piped.video/watch?v=TDfLWFv3ixk

        https://www.piped.video/watch?v=oEMtTtUZXEk

        https://www.piped.video/watch?v=4LFCBTnrMow

        https://www.piped.video/watch?v=1SEfwoqKRU8

        https://www.piped.video/watch?v=bLFYChw5c0Y

        Piped is a privacy-respecting open-source alternative frontend to YouTube.

        I’m open-source; check me out at GitHub.

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