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DelaneyM | 1 year ago
I can confidently say that China has won. There’s just no comparison, and this isn’t just about prices. I’m not even talking about EVs (though this goes double for them.)
Maybe they got to this point through government subsidies and are dumping, I don’t know enough to say. But they’re the best, and cheapest, cars by a long shot.
cjbgkagh|1 year ago
For my inputs the same goods at the same quality from China are less than half the price than from elsewhere. That is an absolutely huge difference - and those margins often makes the difference between a viable venture and an unviable venture.
Now there is Temu, Alibaba, Bangood, Vevor, etc. There is a local hardware store that only sells one brand from China but that brand has everything, super cheap, and really decent quality. Western companies were making a lot of money selling us cheap Chinese goods at large markups but now those companies are able to sell to us directly and the consumers can keep that surplus. If everything ends up both made in China and sold by China with Chinese brands what role does that leave the rest of us. I used to argue that the west was good at quality control with reliable and fair laws but those are rapidly fading away. Without that we only have finalization and real estate left, and how do we keep that ponzi scheme going without something fundamental and concrete to base it on.
rented_mule|1 year ago
It drives me crazy to hear people say, "Is that made in China? Because I won't buy cheap Chinese crap!" Are they happy to buy "crap" from elsewhere? The implied causation between Chinese and "crap" is just not there. There has historically been a correlation, but so many people have made the leap to causation in their heads.
The vast majority of Apple's products have been made in China over the last couple of decades. It's easy to question some of Apple's design trade-offs (e.g., gluing batteries in to make things a fraction of a mm thinner), but those tradeoffs are part of the "designed in Cupertino" that is stamped on their products. The fit and finish is much harder to question, and that is done by Chinese hands. It's excellent because Apple, and Apple's customers, are willing to pay for that.
Chinese manufacturers have proven they are excellent at building to whatever price / quality tradeoff their customers demand. For goods sold in the US, it's US companies and/or US consumers setting the price / quality tradeoff.
To the extent there is a correlation, it comes from China being able to build to the cheaper, and therefore crappier, standards that consumers want. When China loses that edge (as Japan, South Korea, and Taiwan did before them), they will move further upmarket and others will step in to fill that market need (Vietnam? India? Various African countries?). This cycle keeps repeating... one of the funnest parts of watching "Back to the Future" today is that the line "all the best stuff is made in Japan" went from sounding so unlikely in the 1980s to prescient in the 21st century. And that line makes no sense to young people, whose experience is that the "best stuff" has always been made in Japan.
throwawaymaths|1 year ago
Foreign manufacturers are laying off like crazy in China.
Sure, Chinese quality may be getting better but it's a race. Will the quality improve before demographic collapse and over leveraging destroys the economy? And beyond that horizon, is recovery even possible given how much toxic material china dumps into it's own environment, impacting cancer and fertility rates?
thaumasiotes|1 year ago
No need to speculate; that's not a thing that can happen.
Gains from trade still occur when one party is superior to the other party at everything.
Not to mention that if you're not producing anything to give to China, you won't be able to buy any of the things they sell.
beezlebroxxxxxx|1 year ago
NA hasn't produced the best or cheapest cars for decades at this point. Auto manufacturing has been an extension of geopolitics for decades --- most of the time the cars we can buy are the cars we can buy because the government and trading partners made it that way, rather than some actual survival of the fittest, battle royale, last man standing exercise.
UniverseHacker|1 year ago
ne0flex|1 year ago
whatever1|1 year ago
In an EV world where software and electronic quirks are the main demand drivers (ev power trains cannot offer differentiation), Chinese are very well positioned to take over the lead.
MisterTea|1 year ago
Not the OP but I will bet you my boring Honda will outlast your high end luxury German any day of the week.
newsclues|1 year ago
nashashmi|1 year ago
Also bad publicity for established companies.
throwup238|1 year ago
golergka|1 year ago
throwawaymaths|1 year ago
https://www.carscoops.com/2024/05/byd-reportedly-sees-10th-s...
tashoecraft|1 year ago
s1artibartfast|1 year ago
I suppose it mostly comes down to what you think winning mean and the long term outcome will be.
TheLoafOfBread|1 year ago
danaris|1 year ago
Are they "better" only in ways that are immediately obvious, but "cheaper" because they cut corners on the stuff you don't notice until it's too late?
Or are they genuinely doing a better job even comparing apples to apples with other cars?
randerson|1 year ago
kieranmaine|1 year ago
For 2023 there are a number of Chinese models in the top 10.
unknown|1 year ago
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mprev|1 year ago