this post was submitted on 01 Jul 2025
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Electric Vehicles
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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.
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/