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The withering dream of a cheap American electric car

(www.wsj.com)
158 points voisin | 1 comments | 17 Nov 24 23:52 UTC | HN request time: 0.205s | source
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worik ◴[18 Nov 24 00:39 UTC] No.42168656[source]▶
The Chinese are going to clean this market up.

The British made the same mistake back in the day with motorcycles. "Who cares about the market for 125 cc machines?" they said.

The Japanese did, and now they have the market, the British used to have, for luxury and high powered motor cycles. As well as most of the 125cc market

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preommr ◴[18 Nov 24 00:49 UTC] No.42168700[source]▶
> The Chinese are going to clean this market up.

Not if our governments start putting tariffs on everything.

I am Canadian, but it also applies to other governments (including the US). The politicians know that it's not going to be easy to do the actual right thing and build up a competitive industry. Instead, it's much easier to just slap some tariffs and make lagging productivity the next generation's problem.

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1. seanmcdirmid ◴[18 Nov 24 01:22 UTC] No.42168880[source]▶
That would only apply to markets with tariffs, and not the rest of the world. China can sell their EVs to Central Asia, Russia, Africa, south east Asia, Australia, and still dominate the world wide market. America, Canada, Japan, Western Europe, and Korea can protect their markets, but they can’t really protect their market share.