Replying to @⁨FistingEnthusiast@lemmy.world⁩

Right now BYD are being so heavily subsidised by the Chinese government that they are imported into the US and Europe at less than production and shipping cost.

Believe me when I say that as soon as they have enough market share they will be doing this, and because china are hyper-capitalist when it comes to exports it will be more intrusive and more inconvenient.

Replying to @⁨SaveTheTuaHawk@lemmy.ca⁩

Maybe educate yourself?

European auto makers and not sbubsidised to the same extent and in fact most subsidies are illegal under EU trading rules. Even in domestic markets we have to pay tax on new EV purchases, typically 20 percent.

Chinese government support of ev manufacturers has been massive and is contributing to their unsustainable national debt (that and building massive infrastructure that can’t be used because they are falling down).

It’s well documented, here’s one of many articles:

China signals it will pull plug on subsidies for EVs with five-year plan exclusion - reuters.com/…/china-signals-it-will-pull-plug-sub…

The CSIS research based on the business filings and Chinese government reports puts the subsidy at between 28 and 32 percent depending on the manufacturer and target market.

www.csis.org

This is all part of China’s strategy to basically undercut the opposition for long enough that they will go bankrupt.

What will happen when there is no competition? Well, you only have to look at the current prices of computer components for the answer to that.