The $25k car is going extinct?

Completely unmentioned: Chinese EVs are $10k worldwide except USA.

https://gmauthority.com/blog/2024/08/2025-byd-seagull-ev-sta...

Completely untrue. Maybe in China or SEA but not for the rest of the world.

Chinese manufacturers have come a long way and I wish I could buy one in the US but they are also pricing at razor thin margins to starve out competition.

Even in Vietnam the Dolphin is $25k

That's just competition doing its job. The rate of profit, just like every other price, is supposed to fall to the minimum sustsinable level in capitalism.

But it’s well below the minimum sustainable level due to Chinese government subsidies.

And that's a bad thing?

A country's government sees an opportunity to invest into a promising new technology that could reap tremendous economic benefits. Such benefits include new jobs, new income, the ability to increase social/political capital worldwide, and help usher in a world that is that much less reliant on oil.

That's what countries in the first world are supposed to do.

Well, it’s a bad thing for countries whose economies include manufacturing and aren’t China, sure. The obvious threat is that they will do what they did with manufacturing capacity and just kill the industry in other places.

Do we want to get to a point where every industry is completely run by whichever country is willing to throw the most money at it?

>Do we want to get to a point where every industry is completely run by whichever country is willing to throw the most money at it?

The whole point of specialization of industry is that yes, we absolutely should be OK with that. If that's where China wants to specialize and deploy resources, let them.

Yeah, that’s the sort of thinking that gutted in the middle class in the western world over the last 40 years. And it also presupposes that once they succeed, they won’t then stop it, let prices increase, and move onto the next one until they own it all.