Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

    • Buffalox@lemmy.world
      link
      fedilink
      English
      arrow-up
      15
      ·
      edit-2
      10 months ago

      Yes. Absolutely, which makes it weird that Stellantis feel they need to warn Tesla, when they are very much beneficiaries in both USA and China.

        • ShepherdPie@midwest.social
          cake
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          2
          ·
          10 months ago

          Yes it is bad when those subsidies reduce the price of the car (or any other product) to half of what the competition is charging. This puts the competition out of business and gives consumers less options. Once the competition is gone, the price shoots up past what it would be initially because we have no other option. They’ve done this countless times in many industries.

          • LightDelaBlue@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            10 months ago

            They just use the same weapon as the conçurency so . Tbf money need be spend in city made for human not cars but it’s a other story .