schizoidman@lemm.ee to Europe@feddit.orgEnglish · 4 days agoChina, EU agree to end EV tariff disputes with minimum price pledge | Automotive Newswww.autonews.comexternal-linkmessage-square6fedilinkarrow-up11arrow-down10file-textcross-posted to: electric_vehicles@lemmy.mlevs@lemmy.world
arrow-up11arrow-down1external-linkChina, EU agree to end EV tariff disputes with minimum price pledge | Automotive Newswww.autonews.comschizoidman@lemm.ee to Europe@feddit.orgEnglish · 4 days agomessage-square6fedilinkfile-textcross-posted to: electric_vehicles@lemmy.mlevs@lemmy.world
minus-squaredrunkosaurus@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·edit-24 days agoSo what the EU is doing is, it won’t allow the Chinese manufacturer to pass these cost reductions down to me as a consumer and force it to charge a “minimum price” instead, am I reading this right?
minus-squarejenesaisquoi@feddit.orglinkfedilinkEnglisharrow-up1·4 days agoNot exactly. The chinese state is subsidising their car export prices - which is what the EU has a problem with.
minus-squaredrunkosaurus@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·4 days agoAh yes, the “benefits” of an authoritarian state: they can redirect public funds to undercut any competition?
minus-square0x815@feddit.orglinkfedilinkEnglisharrow-up1·4 days agoYeah, not just redirecting funds, they can also use forced labour to lower their production costs.
minus-squarejenesaisquoi@feddit.orglinkfedilinkEnglisharrow-up1·4 days agoAlso zero environmental protection.
So what the EU is doing is, it won’t allow the Chinese manufacturer to pass these cost reductions down to me as a consumer and force it to charge a “minimum price” instead, am I reading this right?
Not exactly. The chinese state is subsidising their car export prices - which is what the EU has a problem with.
Ah yes, the “benefits” of an authoritarian state: they can redirect public funds to undercut any competition?
Yeah, not just redirecting funds, they can also use forced labour to lower their production costs.
Also zero environmental protection.