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Electric cars in the US are more expensive mostly due to higher costs of overhead. For example, we have a minimum wage, and China uses forced labor.
Good luck buying anything made in the US for less money than on AliExpress.
Edit: Is this really the same group of people that want US businesses to divest from Israel, defending products made with the slave labor of Uyghurs?
https://www.state.gov/forced-labor-in-chinas-xinjiang-region/
Dude, there is just no way on earth that automakers are making razor thin margins on $80,000 F250 extended cab super duty pavement princesses that are basically just minivans in a trenchcoat.
You can buy a Nissan Leaf starting at $28k. It’s made in US, Japan, and Mexico.
https://www.nissanusa.com/vehicles/electric-cars/leaf.html
Past tense. They are ending the production line this year. They just didn't have the margin.
Next would be the Mini EV. It starts at $30k. Still far less than your $80k example.
https://www.miniusa.com/2024-models/electric-hardtop.html
Huh what 80k example?
I’m sorry. Same thread, different commenter. My mistake.
Greely's EX 30 was going to sell for mid 30k. We can absolutely compete, we just would rather not.
Mention the 6Billion dollar stock buyback plan GM announced this month.
Inside the brutal reality of prison labor where U.S. inmates face injury and lost limbs to fuel major corporations’ supply chains
In China, men currently can retire at 60 years of age, while women who work in factories can retire as early as 50. Female public-sector workers can retire at 55. Each year 3 million Chinese retire. Many retirees have a lot of time and limited resources. They like to hang out in the streets chatting with their friends or congregate in parks doing tai chi, ballroom dancing or some other activity. One elderly man told the New York Times, “Many old Chinese loving fly kites because it can take up much time, and its cost is free.”
:-/
Americans are just mad that we have a perfectly good exploitable population at home.
I agree. That’s also terrible. They work mostly in farming. If you can avoid these food brands, I suggest you do so.
There are plenty of automobiles manufactured in the US, Mexico, Japan, South Korea, Germany, and the UK that don’t use forced labor. I also recommend supporting those factories instead of China.
Also, your second link about Chinese retirement has nothing to do with Uyghur slave labor.
And they're all complicit. BMW, Volkswagon, Jaguar Land Rover all source parts from China.
In fact, the entire US supply chain is reliant on Chinese parts.
You can whitewash your supply chain by slapping an western label on Chinese parts. But this isn't demonstrating any kind of concern for labor rights or ethical insourcing. FFS, we won't even let Volkswagon plants in Tennessee unionize.
Nevermind Uyghur slave labor. Americans can't even bargain for better salaries. Its too much for our fragile economy to handle.
That was true of those brands. They’ve since been pulling out of China, leaving abandoned factories that are now being used by the Chinese market. There are still plenty of other ethical options for automobiles.
Many nations are cracking down on imports related to Uyghur labor.
https://www.dhs.gov/news/2024/05/23/enforcing-uyghur-forced-labor-prevention-act
https://www.politico.eu/article/china-forced-labor-ban-europe-us-uyghur-xinjiang/
Firstly, no they haven't. US trade with China has only ever increased year-over-year going back to the 1960s.
Secondly, our hunger for cheap labor is sending us to penal colonies across the rest of the Pacific Rim. This isn't something that began or ended with a single factory in a single country.
They're not. The business is just being laundered through front companies.
Shoving thumbs in my ears and saying "I don't see the non-compliance, its all fine actually!" and letting the provisions go completely unenforced.
And that's before you get into direct sales through Ali Baba and Temu
Again, I agree, but my comment was about automobiles. You have the habit of misrepresenting my point.
https://boydcoddingtonwheels.com/car-companies-pulling-out-of-china/
https://www.iwkoeln.de/en/studies/juergen-matthes-competitive-pressure-from-china-for-german-companies.html
https://www.ft.com/content/d88955d4-2bc8-476e-9cdb-882ca3c3b10d
https://www.reuters.com/business/autos-transportation/us-lawmakers-press-automakers-cut-reliance-china-over-supply-chains-bloomberg-2023-06-19/
As for other consumer goods, Biden has expanded Section 301 of the Trade Act of 1974 to include more imports.
https://ustr.gov/issue-areas/enforcement/section-301-investigations/tariff-actions
Tariffs aren’t great solutions, but the only alternative would be outright banning. The latter would have a sudden and financially profound impact on American consumers.
That's not "pulling out of China". That's a sign of Chinese domestic automobile consumption rising.
I haven't seen much to suggest he's enforcing it. These laws are consistently toothless, in the same way more and more of our regulatory system is toothless.
Wow, tell us how indoctrinated you are.
Do you mean informed?
https://www.state.gov/forced-labor-in-chinas-xinjiang-region/
https://www.frbsf.org/research-and-insights/publications/economic-letter/2011/08/us-made-in-china/
It is simply more economical to use forced labor than to pay minimum wage. It results in lower price points on Chinese branded products, and higher margins on US branded products produced in China. This problem is not exclusive to automotive manufacturing, as illustrated in the above research article.
To be clear on my personal opinion, I’m not recommending US industry over foreign. I drive a Hyundai. I’m specifically speaking against Chinese industry, just as Biden’s tariffs are not applicable to imports aside from China.