this post was submitted on 15 Dec 2024
273 points (97.9% liked)

Ask Lemmy

27277 readers
2564 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] nednobbins@lemm.ee 7 points 1 week ago

I'd broaden that to a whole host of "green" and "alternative energy" sectors.

All the panic about Chinese "overproduction" of EVs and similar technologies is just China going whole hog on those industries. It's not an "overproduction" in the traditional sense, where a company produces more than the market will bear and has to sell excess inventory at a loss. China just produces all of this stuff cheaply and at a huge scale.

About 20 years ago the general perception was that EVs were a joke https://www.youtube.com/watch?v=X2HX5wsQVEA Now we have cost effective solar and wind, efficient battery storage, good and cheap EVs and drones, modern heat pumps etc.

I don't even think all the tariffs will matter in the long run. China is currently adopting all that stuff at a breakneck pace. Their production capacity won't just go away once they've saturated the domestic market and the growing number of countries that have trade agreements with China). At that point, Chinese manufacturers will have no choice but to start actually selling below cost, just so they can clear inventory.

And this has a snowball effect too. Energy is often the limiting factor in production. An abundance of cheap energy makes it cheaper to produce more cheap energy production.