this post was submitted on 01 May 2024
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"American companies are scared of the open market when it works against them, yet refuse to make better products"
The issue was that Chinese EVs are ahead of Western EVs due to aggressive subsidy and investment by the Chinese government to get ahead. So the market has been distorted which is what was "scary" according to the quite in the article that spawned the headline.
Having said that, I'm not sure I believe that Chinese EVs will be better quality. They may be cheaper and they may even have technically advanced but from experience of other Chinese products, quality is not a word I'd associate with them.
American Cars look like relics from the last century when compared to Chinese design and capabilities, that is why the American car companies do not want Chinese brands in their market because there is no way they can compete with them.
Chinese brands just arrived in Mexico and it has been a massacre for american and European brands, a lot of car dealers have been closing lately and you can see in the streets that most new cars are Chinese. The Chinese dealers have impeccable service and the architecture is impressive. Prices are 1/3 of the European cars and 1/2 of the American Cars. The only ones that might be able to compete are japanese and Korean car companies.