this post was submitted on 18 Jul 2026
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Mildly Interesting

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The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent. (www.nytimes.com)
submitted 3 days ago* (last edited 3 days ago) by Zaelaa@lemmy.zip to c/mildlyinteresting@lemmy.world
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[–] CmdrShepard49@sh.itjust.works 2 points 3 days ago (1 children)

They're not cheaper. They're just being sold below cost for the express purpose of putting their competitors out of business.

[–] WoodScientist@lemmy.world 1 points 2 days ago (1 children)

My side does it: necessary and just subsidies in the national interest.

The other side does it: flooding the market with unfair subsidies!

[–] CmdrShepard49@sh.itjust.works 2 points 2 days ago

Bad strawman. What situation are you even describing here and who is "my side" exactly, every automaker in the world that isn't based in China?