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kayewiggin | 1 year ago

Why should Europe allowed China to attack and destroy its car industry, when China is also helping Russia destroy Europe militarily?

Good thing Europe woke up earlier this year. impact of the EU’s tariffs on Chinese EV manufacturers. In November, Chinese automakers captured just 7.4% of Europe’s EV market, a noticeable drop from 8.2% in October and their lowest share since March [1].

As for US, the 100% tariff has safely protected America from Chinese EVs thus far.

[1]https://www.autoblog.com/news/chinas-ev-invasion-hits-a-wall

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dalyons|1 year ago

“Protected America from Chinese EVs” - aka, ensuring the long term irrelevance and stagnation of American car manufacturers. They will keep their sales temporarily while the rest of the world leaves them behind

surgical_fire|1 year ago

What causes issues to Europe's car industry is not Chinese cheap EVs in Europe. There are not even many Chinese EVs driving around here, those tariffs will have very little impact.

What damaged the EU cae makers was that they had a very good market in China, and Chinese EV makers could step up and make cars that were more desirable/affordable for their domestic market. The loss of profits in China is what hurt everyone, because that country alone is a very large market.

JTyQZSnP3cQGa8B|1 year ago

> destroy its car industry

The car industry that closed factories all over Europe and sold expensive cars made in poor countries?

"Too big to fail" is not a product statement.

FooBarWidget|1 year ago

> China is also helping Russia destroy Europe militarily

This is a disingenuous framing based on the mere fact that China continues to do business with Russia. China also continues to do business with Europe and Ukraine, so one can just as easily argue that China is helping Europe destroy Russia. Have you seen the number of Chinese-made commercial-grade drones used by Ukraine?

China is "destroying European carmakers" as much as your local supermarket A "destroying" supermarket B. It's called competition. As someone else said, Chinese subsidies have already declined, way way before the EU tarriffs went into effect, and the EU and US can also decide to subsidize their carmakers.

codedokode|1 year ago

Today you sell a country a computer, engineering software, books, chips and industrial machines, tomorrow you have missiles pointed at you designed using that computer and manufactured using that machines.