this post was submitted on 10 May 2024
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US to impose tariffs on Chinese EVs next week (www.arenaev.com)
submitted 6 months ago by boem@lemmy.world to c/technology@lemmy.world
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[–] sebinspace@lemmy.world 0 points 6 months ago (1 children)

EVE Online taught me this lesson. Those with the resources to do so will take a loss to price you out of the market, because they know you can’t take the losses nearly as long as they can.

[–] gravitas_deficiency@sh.itjust.works -1 points 6 months ago

And that’s precisely what’s happening here. A car manufacturer with a whole-ass government subsidizing it is going to be able to operate just fine at a loss pretty much indefinitely, whereas a normal car manufacturer would sooner or later simply go bankrupt (pointedly ignoring the whole “too big to fail” idiocy, which to be honest, while similar, isn’t quite the same thing).