• GingaNinga@lemmy.world
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      1 year ago

      Ya if they want to survive its time to adapt and compete. This is what complacency sets up and I don’t feel bad for them at all. They saw this coming and probably just sat there expecting a bailout.

  • afraid_of_zombies@lemmy.world
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    1 year ago

    I doubt I will ever buy from the Big 3 again. Bailout parasites. Tried of these piece of shit too big too fail corps pulling this crap.

    My next car will be a Chinese EV, if I have to drive it over the Mexican border myself.

  • Feliskatos 🐱@lemmy.world
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    1 year ago

    China seems to be succeeding in EV vehicles, not just cars, airplanes too. I’m sorta pining for the days when we were talking about a North America Union. These days its all about protectionism and wars. :(

    • ynazuma@lemmy.world
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      1 year ago

      You can thank Trump for gutting NAFTA, making US companies weaker in the bloc as a result

  • AA5B@lemmy.world
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    1 year ago

    They should be very concerned. However they have the advantage of time, place, protectionism. They already have factories and employees. The technology is known. They’re admitting they are aware of the market. The only way they can lose is if they don’t even try ….

    We’ve spent years saying how short sighted they are to not be able to look ahead of the immediate term, now they’re admitting they can’t even look ahead 2-3 years

  • Allonzee@lemmy.world
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    1 year ago

    The Earth is 🔥burning🔥, by our own hands, and we’d still rather play team sports for greedy sociopaths than prioritize even doing it a little slower with cheap EVs.

    The Earth will heal in a few million years once we’ve destroyed ourselves. ashes to ashes, dust to dust.

  • blindbunny@lemmy.ml
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    1 year ago

    Good, maybe GM will have the follow through to make an electric car successful now.

  • jaschen@lemm.ee
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    1 year ago

    I’m super conflicted about this. I want cheap EVs, but at the same time, China is intentionally dumping their prices to kill competition so they can later jack it up.

      • jaschen@lemm.ee
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        1 year ago

        I mean, EVs are not going to save the earth. Investments/innovations into our infrastructures will.

        Nuclear power is the only thing currently that can save us. Unfortunately, we have ill-informed people not understanding what nuclear is.

          • jaschen@lemm.ee
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            1 year ago

            Nuclear can power hydrogen generators that power a hydrogen car.

            Don’t even need to make any nasty batteries from cobalt. Or mine for lithium.

          • jaschen@lemm.ee
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            1 year ago

            That’s the problem. Storage. Current battery tech just doesn’t scale. Nuclear fills those gaps for night time and cloudy days.

            We literally can just run 100% electric right now with zero emissions today if the world went nuclear. We already have the tech today. It’s scalable today.

            No need to wait to develop new battery tech. Our future is in our hands right now.

          • blindbunny@lemmy.ml
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            1 year ago

            They’ll ignore this because it doesn’t fit their narrative of one capitalist owning all the means of power. Cool article though!

    • schizoidman@lemmy.mlOP
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      1 year ago

      The opposite of dumping is happening. For example the Kia EV5 is sold at [$20k in China](https://electrek.co/2023/11/17/kia-launches-20k-ev5-electric-suv-china-rival-tesla-model-y/) while the same made in China model is sold overseas [Starting at $46k](https://electrek.co/2024/04/04/kia-set-to-export-this-all-electric-suv-at-a-price-that-undercuts-tesla/)

      • jaschen@lemm.ee
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        1 year ago

        KIA is also dumping. Those prices are not sustainable. Doesn’t make it right if others are doing it.

        • schizoidman@lemmy.mlOP
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          1 year ago

          Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.

  • Pat_Riot@lemmy.today
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    1 year ago

    Or , hear me out, what if US auto makers stop trying to force overpriced oversized trash on us? Maybe try to compete?