this post was submitted on 01 Jul 2025
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Electric Vehicles

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Ford CEO Jim Farley said Chinese cars have "far superior" technology, lower costs and great quality.

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[–] sunzu2@thebrainbin.org 23 points 1 week ago (2 children)

Imagine losing to the Chinese despite all of the state aid, NAFTA, tax code and other policies being made for your industry.

American corpos got too greedy... Too much grifting... Useless "Leadership"

[–] Poach@lemmy.world 9 points 1 week ago* (last edited 1 week ago) (1 children)

Don't worry they're too big to fail, they'll just get more handouts from the government. Like banning Chinese EVa

[–] axx@slrpnk.net 2 points 1 week ago

And remember kids, protectionism is bad (except for when we do it).

[–] NoPanko@feddit.uk 8 points 1 week ago (1 children)

I mean its not like Chinese car companies got there without significant help from their government either.

[–] sunzu2@thebrainbin.org 11 points 1 week ago (2 children)

Correct but the Chinese are winning, we got dicks in our hands and nothing else to show besides national debt at 100k per head

We started in stronger position too...

Where did all the money go?!?

[–] NoPanko@feddit.uk 7 points 1 week ago

Oh 100% i agree. And we know where the money went. Just look at how many more billionaires there are these days

[–] pg_jglr@sh.itjust.works 3 points 1 week ago (1 children)

Don't forget about cheap labor over there, economies of scale with the large Chinese market, and with a very different regulatory environment. The American auto industry has an uphill battle ahead of them.

Not to excuse the lack of innovation here, I personally blame the trend of wealth extraction for executive pay and shareholder returns at the expense of long term thinking and reduced R&D spending.

[–] hanrahan@slrpnk.net 1 points 2 days ago

Don't forget about cheap labor over there

Thays not really true, it's the automation.

For example

https://www.theenergymix.com/automation-not-cheap-labour-drives-chinas-solar-and-battery-edge-ritchie/