this post was submitted on 18 Oct 2023
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Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them (apnews.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 16 points 1 year ago

It's not that simple. Caricatures are easy, but the fact remains that the Chinese auto makers are heavily subsidized and it's that government support that allows them (partially at least) to undercut the European auto makers.

That being said, the European auto makers really deserve to be hurt for their arrogance. And that's coming from someone whose income is directly related to how well they do.