Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
view the rest of the comments
AFAIK major contributor into low Chinese EV prices are subsidies and tax breaks for manufacturers. I know they have significant tax breaks in US. It would be interesting to see how they compare. Because if they are mostly on par this is pure corporate greed stopping them. Especially in case of Tesla. They are not overpaying workers and don’t use luxury materials
Subsidies are another way to say State planning, which is how you direct the "free market". No capitalist, which includes China, will "innovate" without being baited with money.
There are massive subsidies in the US as well, but these go into the pockets of the CEOs and political/financial class. If this were to happen in China they'd go missing like Jack Ma of Alibaba until he got his head right.