this post was submitted on 10 Dec 2023
615 points (98.4% liked)

Technology

59197 readers
3617 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
615
Fear of cheap Chinese EVs spurs automaker dash for affordable cars (www.reuters.com)
submitted 11 months ago by [email protected] to c/[email protected]
241 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 points 11 months ago

It's also called dumping:

https://en.wikipedia.org/wiki/Dumping_(pricing_policy)

The kind of thing usually results in a trade war, sanctions and tariffs.

The problem in Europe, is that our manufacturers are so reliant on Chinese parts and manufacturing, that they've asked our government NOT to intervene. China has them by the nuts, because they've outsourced too much. IRC they can't even make batteries without using Chinese parts.