this post was submitted on 10 May 2024
281 points (89.4% liked)

Technology

59148 readers
2280 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
281
Biden really, really doesn’t want China to flood the US with cheap EVs (www.theverge.com)
submitted 6 months ago by [email protected] to c/[email protected]
196 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 6 months ago* (last edited 5 months ago)

China charges nearly double for its EVs outside of the Chinese market. They tend to do what most companies do, charge the highest price that people will still pay. China domestically is the most competitive market in the world, so they have $10,000 high quality EVs, but they don’t have to do that elsewhere and so they don’t.