• NegativeInf@lemmy.world
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    3 months ago

    If we were smart, we would let the cheap Chinese EVs flood the US market and drive down prices in the US using competition.

    So much for the invisible hand of the market I guess. 🤷🏻‍♂️

    • Bob Robertson IX@lemmy.world
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      3 months ago

      In order to do that the US government would need to heavily subsidize EVs the way the Chinese government does.

      I support this… in my view the Chinese government is putting its money out there in order to get more people into an EV. The US should match their efforts.

      • acosmichippo@lemmy.world
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        3 months ago

        i’m not sure heavy subsidization would work the same way in the US. We’ve already seen EV manufacturers adjust their prices based on available tax credits, so i feel like they’d just raise prices even more as subsidies increase. in china the govt can ensure this doesn’t happen.

        • Petter1@lemm.ee
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          3 months ago

          Why should US gov not be able to force prizes below a curtain threshold? They just have to vote in the gov, but they can. Not?

      • NegativeInf@lemmy.world
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        3 months ago

        You mean the way we previously subsidized the regular auto industry and the supporting fossil fuel industries for… 70-90 years?

    • Nougat@fedia.io
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      3 months ago

      It’s a touch more complicated than that, because China doesn’t let their currency float, which makes Chinese products much cheaper in foreign markets, and foreign products more expensive in China, when the Chinese government allows them in.

        • themurphy@lemmy.ml
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          3 months ago

          I agree with you, but people need to stop looking at the economy as a “free market”.

          Almost every single government are putting restraints on one product or another.

          Yes, we want to support domestic construction. We need competition, and we don’t need to ship goods across the world as much as we do.

          But the market is not free. And that’s a good thing.

    • Habahnow@sh.itjust.works
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      3 months ago

      The reason Chinese EVs are so cheap is because China subsidizes them immensely. They’re basically selling below cost, and expecting private US companies to compete with that impossible price. As long as we allow competitors from other countries in, as well as pushing for electric vehicle usage, the prices will drop. Man companies won’t be able to sell gas cars after 2035 in many large states and countries. People would rather buy an older used gas car than a very expensive electric I bet.

      • NegativeInf@lemmy.world
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        3 months ago

        I have an ancient ICE car. Like a 2001 Honda. I bought it because it was cheap and the engine good.

        But we subsidize the fossil fuel industry and have historically subsidized the auto industry. Why not do it?

        • acosmichippo@lemmy.world
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          3 months ago

          I mean, we are with tax refunds if they meet certain requirements like assembly in North America, etc.

          • NegativeInf@lemmy.world
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            3 months ago

            Which I don’t think really any of them do yet.

            But the whole situation is fucked. We should have been doing this properly 20 years ago.

                • acosmichippo@lemmy.world
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                  3 months ago

                  I was addressing your assertion that none qualify for tax credits, which is wrong. but if you want to compare the prices to Chinese EVs, NA EVs aren’t produced in china. part of the price is developing production here in the US, which we want to do.

                  You also have the option of getting a used EV with a smaller tax credit, which is what I did.

  • Modva@lemmy.world
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    3 months ago

    He’s broadcasting to all businesses and billionaires that anyone who strongly supports him gets their back rubbed right back.

    He’s not saying EVs are great, that we should support them because it’s good policy, the right move for America etc.

    Its simply quid pro quo.

  • Tylerdurdon@lemmy.world
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    3 months ago

    You guys just now figured out the conservative element has gone astray from it’s original meaning? Which part did it? The big coal rolling trucks? The absolute denial that there’s a problem with the environment? Ohhhhh, it was the orange moron giving Elon the hover-hand because even American-made EVs are yucky?

  • Treczoks@lemmy.world
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    3 months ago

    It primarily reveals that Trump can simply be bought. He is nothing but a political whore. Weird, isn’t he?

    Will he sell state secrets and tax benefits to the highest bidder if he gets back into the White House? Most likely.

    • jubilationtcornpone@sh.itjust.works
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      3 months ago

      It primarily reveals that Trump can simply be bought. He is nothing but a political whore. Weird, isn’t he? Will he sell state secrets and tax benefits to the highest bidder if he gets back into the White House? Most likely definitely.

      FTFY.

    • WarlordSdocy@lemmy.world
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      3 months ago

      It’s crazy cause the first time around everyone was talking about how Trump is rich so he can’t be bought like other politicians but looks like that has turned around pretty sharply.

      • Treczoks@lemmy.world
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        3 months ago

        Well, he used a lot of possibilities during his presidency to make money of it. Just think of the the tax-paid expensive hotel rooms in his hotels for the Secret Service people who had to protect him.