Technology

Exactly.

Europeans like Chinese electric vehicles because they are affordable.

Meanwhile European manufacturers are probably pushing behind the scene to restrict the Asian competitors on the market so they can decide what price is right.

In the next months in France they will reduce the subsidies for Electric Vehicle with a poor CO2 bill like imported Chinese cars.

So even less people will get to afford EVs.

I don't think this is just about cheap Chinese labor importing cheap Chinese cars to Europe. It's also about Europe ignoring the importance of battery tech and manufacturing for decades and suddenly acting all surprised that we are not competitive.

All my homies hate cars.

At the rate of industrial investment into this tech coupled with some places punishing gas cars, a cheap car that spans the gap from now until affoedable and better EVs is the perfect prescription, not to mention we havent stopepd having some form or financial crises since covid.

Government trying to steer a herd of impulsive and selfish citizens into doing what makes sense for the collective (or what they believe makes sense (or what they're trying to convince us they believe makes sense))

They undercut the sales of European vehicles which cost more.

low prices

They're fighting Chinese market manipulation that is specifically designed to make the world dependent on them and lowers wages across the world by creating massive market imbalances. Every nation with two brain cells should ban the import of all Chinese vehicles and eventually all Chinese industry entirely.

Chinese electric car makers get absolutely massive state subsidies. There are companies like Nio that have never made a single dollar of profit. Nio has been losing money on every single car they sell, to the point where they've been losing almost a billion dollars in the last quarter alone.

However, China doesn't care. The state keeps financing these companies, because if they can undermine European and American auto makers to the point where they're simply unable to compete and maybe even completely collapse, then Chinese car makers will be the only ones left in the market, and they'll be able to charge any price they want.

And realistically, which American or European car maker will be able to compete with a multitude of Chinese competitors that all can afford to lose billions and billions every year without batting an eye?

So that's why they want to fight "low prices."

If it's because you hate Asians, then yes. If it's because you believe China makes bad products or because of their unethical practices, then no.

It could be, you'd have to define the principle.

Only if it had something to do with race. If it's because you don't think their manufacturing standards are high enough to feel safe that wouldn't be racist per se.

China is closer to neo-mercantilism due to the level if direct state involvement in private business.

And why should I, a European consumer, care if China has a communist economy or not?

Same shit to me. You live your entire life under capitalism being lied to about how "competition drives innovation" and suddenly when competition knocks on your door, you lock yourself in.