- cross-posted to:
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- cross-posted to:
- [email protected]
Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.
Provides a better product at half the cost.
/Capitalists lose their minds.
Said it a while ago, the US is losing at capitalism for the first time in modern history and doesn’t know how to cope
Yes we do, we ban their sales here in USA! And add tariffs!
China builds the cars in Mexico, that forms a tariff free zone with the USA. And USA can’t exactly just ban sales from Mexico because a lot of USA companies moved their operation to Mexico for cheaper labor.
It’s glorious to watch. Even from within. Even knowing I’m boned when this house of cards finally tumbles.
I’m sure there’s a German word for that.
Maybe Galgenhumor? Or Schadenfreude? But if both, I guess.
You probably have time to prepare. 🙂
Is it a better product? How is the quality, the maintainability? How do they treat the environment and their workers? These are all factors I think about when considering a purchase.
Why won’t the Americans let in the chinese manufacturers to find out? Surely if the cars are trash they have nothing to worry about?
That’s the thing about economics. Humans are not rational actors. And even if they were, they don’t have perfect information.
For example, there’s a thing going around in the US right now about raw milk. It’s not allowed to be sold because of the risk of disease. But people are idiots and seek it out anyway, and get themselves sick.
For cars, assume one of them is an absolute lemon and deathtrap. It constantly needs maintenance, and if you get in a crash, you die. You won’t know about the former until a few years after you’ve bought it, and if the latter happens, you can’t seek any recourse because you’re dead.
Now, I’m not saying that this applies to the Chinese EVs, exactly, but we haven’t seen them shaken out in the US yet, and China doesn’t have a very good track record with consumer safety in the recent past.
To counter those vague negative “maybes” of yours, I just want to point out that the EU, which have much more tight regulations on just about everything than the US, especially when it comes to consumer protection, allows the sale of BDY cars.
If a regulatory regime which is more strict when it comes to consumer protection than the US allows such cars to be sold, then claiming or implying that the reason for the US to block their sale there is that they might be dangerous is quite the flight of fantasy.
If you cant afford anything else than it is the best product.
It is much better. US car brands look like they are stuck in the 90s. Still, I don’t get the preoccupation from the US, almost all cars in Mexico have been from Asia for at least a decade or maybe more. And before that it was all Volkswagen.
I was going to say something about Chinese vehicles not entirely being the greatest quality, but then I remembered we’re comparing it to American vehicles.
Better product, half the cost. Can’t go wrong.