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.
Replying to @cabbage@piefed.social
Chinese cars are heavily subsidized by the state. The reason they’re so cheap is because China bets it can squeeze the competition
Used to be, to get them going, robotics, innovation and vertical integration is most of the reason now. An example, BYD have their own roro ships and have ordered another 10,
…com.au/…/byd-orders-10-more-car-carriers-export-…
and the new ships will be built in China
they make their own batteries, electric motors etc and have massive robotic assembly plants.
To suggest the reason why is because it’s not a level playing field is ludicrous, the US spends many billions subsidizing car manufacturers on top of the billions us consumers spend in subsidizing them. directly.
WhichCar | New Car Reviews, Prices and Buying AdviceBYD orders 10 more car carriers as export push acceleratesChinese giant BYD is reportedly adding 10 huge ships to its fleet as overseas markets, including Australia, become increasingly important to its growth.