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Technology@lemmy.worldEnglish · 11 months ago

Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

cross-posted to:
hackernews@derp.foo

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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

boem@lemmy.world to

Technology@lemmy.worldEnglish · 11 months ago

cross-posted to:
hackernews@derp.foo

The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.

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cyd@lemmy.world
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11 months ago
China is using subsidies to accelerate the green transition, exactly like the US is doing with the “Inflation Reduction Act” and other initiatives.
- assassin_aragorn@lemmy.world
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  11 months ago
  And just like China with cars, the IRA spurred other European countries to pass similar legislation to remain competitive.
- CeeBee@lemmy.world
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  11 months ago
  
  China is using subsidies to accelerate the green transition
  
  https://www.youtube.com/watch?v=TDfLWFv3ixk
  
  https://www.youtube.com/watch?v=oEMtTtUZXEk
  
  https://www.bloomberg.com/features/2023-china-ev-graveyards/
  
  https://www.nytimes.com/interactive/2022/09/26/world/asia/china-fishing-south-america.html
  
  https://www.theguardian.com/environment/2020/sep/17/chinese-fishing-armada-plundered-waters-around-galapagos-data-shows
  
  https://www.youtube.com/watch?v=4LFCBTnrMow
  
  https://www.youtube.com/watch?v=1SEfwoqKRU8
  
  https://www.youtube.com/watch?v=bLFYChw5c0Y
  
  Yup. Totally green.
  - PipedLinkBot@feddit.rocksB
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    11 months ago
    Here is an alternative Piped link(s):
    
    https://www.piped.video/watch?v=TDfLWFv3ixk
    
    https://www.piped.video/watch?v=oEMtTtUZXEk
    
    https://www.piped.video/watch?v=4LFCBTnrMow
    
    https://www.piped.video/watch?v=1SEfwoqKRU8
    
    https://www.piped.video/watch?v=bLFYChw5c0Y
    
    Piped is a privacy-respecting open-source alternative frontend to YouTube.
    
    I’m open-source; check me out at GitHub.

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