jeffw@lemmy.world to

World News@lemmy.worldEnglish · 7 months ago

Chinese EV makers won’t get subsidies from Mexico after US pressure

arstechnica.com

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Chinese EV makers won’t get subsidies from Mexico after US pressure

arstechnica.com

jeffw@lemmy.world to

World News@lemmy.worldEnglish · 7 months ago

Mexico has offered generous incentives for automakers in the past.

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capem@startrek.website
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7 months ago
Why don’t other countries just lower their prices if they want to compete?
- FenrirIII@lemmy.world
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  The Chinese government subsidizes their domestic car manufacturing industry to an insane degree. Regular capitalism can’t compete.
  - capem@startrek.website
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    7 months ago
    What are you talking about?
    
    Capitalists love their subsidies. Just look at the semiconductor industry.

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