this post was submitted on 27 Sep 2024
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Europe

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[โ€“] drunkosaurus@lemmy.dbzer0.com 1 points 1 day ago* (last edited 1 day ago) (2 children)

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?

[โ€“] tal@lemmy.today 1 points 1 day ago* (last edited 1 day ago) (1 children)

That's my understanding of the article text, though obviously there's not a lot of detail there.

I assume that there'll be more analysis of it once the thing becomes public.

EDIT: It might also benefit internal combustion vehicle manufacturers, if it makes EVs less-competitive with them, at least until there's a hard cutoff and requirement to transition to EVs.

[โ€“] MrMakabar@slrpnk.net 3 points 1 day ago

There is a hard cut off in 2035 and emission laws pretty much force a share of EVs. Starting next year that will be about 37%.

However a lot can make a car better, which has nothing to do with the drive train. Old car makers certainly can play that game.

[โ€“] jenesaisquoi@feddit.org 3 points 1 day ago (1 children)

Not exactly. The chinese state is subsidising their car export prices - which is what the EU has a problem with.

[โ€“] drunkosaurus@lemmy.dbzer0.com 3 points 1 day ago (1 children)

Ah yes, the "benefits" of an authoritarian state: they can redirect public funds to undercut any competition?

[โ€“] 0x815@feddit.org 2 points 1 day ago (1 children)

Yeah, not just redirecting funds, they can also use forced labour to lower their production costs.

[โ€“] jenesaisquoi@feddit.org 2 points 1 day ago

Also zero environmental protection.