this post was submitted on 19 Jun 2024
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Those "more affordable foreign cars" are only priced that low because the Chinese government is subsidizing them so much, which is only temporary and lasts just as long as it takes to put their competitors out of business.
This is a race to the bottom just like states giving trillion dollar corporations billions in tax breaks as an incentive to move to their state. At the end of the day, it just harms everyone and should be avoided, which is why the US and EU are putting tariffs on Chinese EVs. They're still free to sell them at the real cost and actually compete with everyone else.