China dominates the electric vehicle industry, with its brands responsible for about two-thirds of global sales in 2024, although none of those sales were in the U.S.
China loves electric cars: making them, driving them and selling them to the rest of the world.
Electric vehicles have been widely adopted in China, thanks in part to years of now-defunct government subsidies and a fast-growing network of charging stations. According to the International Energy Agency, almost half of the cars sold in China in 2024 were electric, compared with about 1 in 10 in the U.S.
But despite growing global interest in the innovative sector, Chinese electric cars remain out of reach for consumers in the world’s second-largest auto market, the United States.
Isn’t it weird how a country that constantly claims to be The Best™ at everything has to overtly and systematically restrict its citizens from purchasing better products made elsewhere?
It ain’t weird if you’ve been paying any attention to how nation states compete, over the years.
I’m so confused. I thought the foundation of Capitalism was free market pressure. Doesn’t restricting what people can buy and where from kind of undermine the entire ideal?
Well I see where your confusion comes from. You thought the USA was capitalist, but the reality is that America is VERY socialist. You can have it all in the USA, as long as your in the in group. And by in group I mean you must have 2+ million dollars, once u are elite rich you unlock the socialism in USA and get government contracts, restrictions that put you above the competition, bail outs and safety nets out the wazoo if you mess up, the best health care in the world etc. You must be more like me, part of the serf class that gets the “pleasure” of making all this possible with poor wages and taxes that find the corporate machine.
Yes, but the counterpoint claim is that Chinese products are not competitive on a free market. The TEMU shit is a good example of this claim being true. Whether or not the Chinese government is paying for infiltrating the Western markets by dumping prices is one thing, but their lacking safety quality control and slave like working conditions are indisputably true. We should not accept products from China that do not produced under the same standards as our own.
Boy it’s a good thing American companies haven’t all moved their manufacturing overseas to take advantage of those exact conditions, pocketing the profit while enjoying protectionist laws like the one discussed here. That would make us look really silly.
I see… So the American companies like Apple, Nike, all major clothing brands etc that make use of the very same somehow aren’t able to bring their prices down? I fail to believe “quality control” is enough to justify it.
Both Apple and Nike are made in China.
I’m just explaining why domestic production of junk in EU and USA is usually more expensive than similar functioning junk from China.
Yes. Absolutely.
Exactly.
The foundation of capitalism is Profit is King.
The free market, aka competition, is the least profitable method of production for a company. It’s terrible for your bottom line. Profit is the only thing that matters, and specifically Profit by the Metric evaluated by those with the purse-strings; i.e. in the US this is profit per quarter.
‘Free Market’ economics is not only not limited to capitalism, capitalism is inherently antithetical to competition and the free market and will always seek to eliminate it entirely.
I think you’re confusing the president with the actual people in the country.