Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
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I'm sure the free market knows what's right /s
And it's totally not just a rich man's playground.
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
Corporations are not as self-sufficient as they claim to be.
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You should learn about US fossil fuel subsidies. The US alone pumps almost 800 billion/yr into subsidising the industry. Total subsidies worldwide are around 7 trillion/yr.
China tossing 40 Billion/yr into EV/battery subsidies is basically pocket change.
I have no interest in a pissing match over which country is the worst in the world, I am discussing why China is dominating the EV market in Europe.
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Corporations are not as self-sufficient as they claim to be.
Relevance?
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Chinese carbon emissions may have peaked this year and they’ve deployed more renewables than the rest of the world combined.
That's because they're also heavily subsidizing that industry out of self-interest. That's the "emerging markets" I mentioned above.
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I have no interest in a pissing match over which country is the worst in the world, I am discussing why China is dominating the EV market in Europe.
China spending 1/20 of what the US does to subsidize cars isn't relevant? Sure thing buddy.
The whole point of all of these "china is only dominating in EV sales due to subsidies" comments is to throw shade on China's impressive progress in clean tech. A contrast of their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
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FSD tomorrow, amirite
Full unsupervised robotaxi while your car makes money for you as you sleep, in 6-months. Pinky promise.
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That's because they're also heavily subsidizing that industry out of self-interest. That's the "emerging markets" I mentioned above.
Oh no, a country acts out of self-interest! A concept that is completely foreign to the West
At least their “self-interest“ has cheaper EVs for the rest of the world as a result. What are the coeffects of the US defending their self-interests? Rise in facism? Another genocide? -
That's because they're also heavily subsidizing that industry out of self-interest. That's the "emerging markets" I mentioned above.
Which sounds like a good idea for everybody. Maybe other countries should do the same thing.
I’m no fan of West Taiwan but they’re doing a lot more to decarbonize than most other major economies.
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Both cars support oppressive dictators, but one is cheaper, supports CarPlay / Android auto, and has actually buttons for things.
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Oh no! I think I left the oven on
Elon Musk: “I love ovens”
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Oh no, a country acts out of self-interest! A concept that is completely foreign to the West
At least their “self-interest“ has cheaper EVs for the rest of the world as a result. What are the coeffects of the US defending their self-interests? Rise in facism? Another genocide?You're moving the goalposts. You were literally thanking Xi for "saving the climate".
Once again, I am not having a pissing match about which country is better, I am discussing the success of electric vehicles from China.
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LOOOOOLOLOLOL have you looked at China's greenhouse gas contributions lately? They don't give a fuck about the climate, they're just trying to drive other countries out of the market.
As always - well under what USA is putting into the atmosphere. https://ourworldindata.org/grapher/co-emissions-per-capita
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Which sounds like a good idea for everybody. Maybe other countries should do the same thing.
I’m no fan of West Taiwan but they’re doing a lot more to decarbonize than most other major economies.
Like always, it's a great idea, right up until China jacks up the prices after they've driven out all the competition and common people can't buy them anymore.
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Both cars support oppressive dictators, but one is cheaper, supports CarPlay / Android auto, and has actually buttons for things.
I am not sure you can say BYD supports a dictator per se, more like it exists in a state capitalist country where you exist at the behest of the dictator.
Elon actively pushed and spent money to get trump elected.
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China spending 1/20 of what the US does to subsidize cars isn't relevant? Sure thing buddy.
The whole point of all of these "china is only dominating in EV sales due to subsidies" comments is to throw shade on China's impressive progress in clean tech. A contrast of their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
US fossil fuel subsidies are relevant to China dominating the electric vehicle market in Europe? Sure thing buddy.
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Sorry, did you have a question?
His point is, da fuck does chinese market have to do with BYD tripling it's sales in Europe.
Europe has massive tariffs on chinese EVs and they are competitively priced with other brands BYD not selling because they are 30% cheaper in Europe
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As always - well under what USA is putting into the atmosphere. https://ourworldindata.org/grapher/co-emissions-per-capita
That's per Capita, China has like 30 billion more citizens.
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Like always, it's a great idea, right up until China jacks up the prices after they've driven out all the competition and common people can't buy them anymore.
Then maybe western companies can finally compete with them despite being ruled by obligate capitalists.
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His point is, da fuck does chinese market have to do with BYD tripling it's sales in Europe.
Europe has massive tariffs on chinese EVs and they are competitively priced with other brands BYD not selling because they are 30% cheaper in Europe
No one is talking about the Chinese market...
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