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
They’ll be banned faster than you can memorize the spelling of Xiaomi. At least in the US, where we make sure the old inefficient companies stay afloat despite their incompetence.
Chinese cars are heavily subsidized by the state. The reason they’re so cheap is because China bets it can squeeze the competition out of the market before charging basically whatever they want.
I’ve seen Starbucks do the same thing to independent coffee shops.
Edit: This is a post about real car companies like Nissan, Volvo, Mercedes, Renault, whatever. I don’t care about America. Nobody has for decades.
Oh yeah, because US car companies are NOT subsidized at all /s
Replying to @notalannister@fedinsfw.app
Sure, but try launching a new auto startup here. It’s a lot harder than in China.
Replying to @QuandaleDingle@lemmy.world
Wrong. US manufacturers have effectively been shut out of China. But not before they made investments that China basically stole.
Replying to @randompasta@lemmy.today
effectively been shut out of China.
Because Chinese won’t buy massive thirsty trucks. Wtf…Tesla was in China before they even started making EVs.
Replying to @SaveTheTuaHawk@lemmy.ca
There’s a lot of protectionism going on in China, most western manufacturers aren’t allowed to sell their own cars without a Chinese company owning the majority of the partnership. Most countries don’t really enforce that.
The Chinese actually LOVE big cars. Every other European manufacturer makes long wheelbase versions of their midrange sedans for China exclusively. Space in the back is a status symbol more than comfort up front apparently. And there are a ton of big Chinese crossovers out now. I won’t call them SUVs because they’re not really off road capable, much like most western “SUVs” aren’t these days.