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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 2 comments | 29 Jun 25 15:59 UTC | HN request time: 0.017s | source
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1970-01-01 ◴[30 Jun 25 12:10 UTC] No.44422276[source]▶
Completely unmentioned: Chinese EVs are $10k worldwide except USA.

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

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infecto ◴[30 Jun 25 12:23 UTC] No.44422395[source]▶
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

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immibis ◴[30 Jun 25 12:26 UTC] No.44422417[source]▶
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.
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mattmaroon ◴[30 Jun 25 12:34 UTC] No.44422484[source]▶
But it’s well below the minimum sustainable level due to Chinese government subsidies.
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LastTrain ◴[30 Jun 25 12:51 UTC] No.44422642{4}[source]▶
Wait until you hear about US federal and state automaker subsidies!
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reliabilityguy ◴[30 Jun 25 13:17 UTC] No.44422933{5}[source]▶
Can you provide some information on this, please?
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infecto ◴[30 Jun 25 13:23 UTC] No.44422997{6}[source]▶
State level tax subsidies.

Federal, things like a the chicken tax which imposes import taxes in categories like small trucks.

Easy top of mind ones.

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1. reliabilityguy ◴[30 Jun 25 16:15 UTC] No.44424988{7}[source]▶
Tariff is lot a subsidy! lol

Tariffs on trucks ensured that there is a substantial number of manufacturers here in the US.

So, can you provide any info on the subsidies?

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2. infecto ◴[30 Jun 25 16:50 UTC] No.44425381[source]▶
You’re right, tariffs aren’t subsidies. They just function like one by kneecapping foreign competition so domestic automakers can overcharge with a straight face.

Actual subsidies? -Federal: ATVM loans (e.g., Tesla, Ford), $7.5K EV tax credits.

-State: Georgia gave Rivian $1.5B. Tennessee handed VW ~$500M. Michigan’s tossed cash at GM like it’s confetti.

So yeah, no subsidies at all, just billions in “non-subsidy” market distortion to keep the hometown heroes afloat.

So, can you provide any substance to the conversation?