posted in Technology
Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear
www.wired.com/story/xiaomi-has-a-luxury-suv-all-western-brands-should-fear/Replying to @GolfFoxtrotLima@sh.itjust.works
Damn, never though I’d say this, but I think China is gonna save capitalism from itself.
Replying to @schipelblorp@sh.itjust.works
My guess is that these Chinese manufacturers will kill the old automakers that are in rapid decline after decades of low quality products at high prices.
I don’t know if the Chinese brands have good quality but they’re priced lower than the expensive low quality trash that’s already on the market from all the other automakers.
Replying to @rafoix@lemmy.zip
sell cheap to kill competition around the world. leverage new global monopoly for fun and profits later.
Replying to @adarza@lemmy.ca
They use this same tactic over and over and I find it surprising that more people don’t immediately recognize what they’re doing.
Replying to @CmdrShepard49@sh.itjust.works
I guess it’s just more enticing than “maximise profits for the few even if it means the planet dying”. All western auto makers can get squeezed for all I care. I’d buy their products, but they spent a decade sabotaging it and making sure it keeps spewing poison.
I have no pity for toxic companies that fought tooth and nail against EV development. The tactic works because it’s taking advantage of a broken system.