That’s hilarious since the EU introduced anticompetitive tariffs on Chinese vehicles last year. China was actually willing to negotiate with the EU to set a minimum price. And they’re still more popular than anything the west can produce.
The EU just probed into Chinese EV makers to figure out what kind of subsidies they get in China and then added those back on top in form of tariffs. You know a sensible approach.
Also no they are not more populare then what the West can produce at the moment. At least not in the EU. BYD got below 3.5% market share in the EV space in Germany.
The thing about tarrifs is they don’t work well on highly desirable goods. You’re not making the cars unaffordable, you’re making them luxury items.
Incidentally, this is the same reason extremely wealthy Chinese residents had been buying the heavily taxed American SUVs. It wasn’t about having the “best” car, it was about having something nobody else could get.
That’s hilarious since the EU introduced anticompetitive tariffs on Chinese vehicles last year. China was actually willing to negotiate with the EU to set a minimum price. And they’re still more popular than anything the west can produce.
The EU just probed into Chinese EV makers to figure out what kind of subsidies they get in China and then added those back on top in form of tariffs. You know a sensible approach.
Also no they are not more populare then what the West can produce at the moment. At least not in the EU. BYD got below 3.5% market share in the EV space in Germany.
The thing about tarrifs is they don’t work well on highly desirable goods. You’re not making the cars unaffordable, you’re making them luxury items.
Incidentally, this is the same reason extremely wealthy Chinese residents had been buying the heavily taxed American SUVs. It wasn’t about having the “best” car, it was about having something nobody else could get.
I think that some of the “western” EVs are using Chinese drivetrains too. Missed opportunity to innovate, like Lucid has.