this post was submitted on 30 Dec 2023
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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker (www.bloomberg.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

Usually governments regulate their markets to prevent humans from going full human and burning everything as a sacrifice to the gods of greed. This is why we have agencies that regulate food safety, engineering standards, nuclear materials and chemical disposal.

The phrase "regulations are written in blood" reminds us that a race to the bottom will result in massive problems, and that regulation is an excellent idea.