Government subsidies in order to destroy foreign markets and nurture dependence followed by dominance
this post was submitted on 23 Oct 2024
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Electric Vehicles
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Seems a likely contributing factor. Economies of scale, cheaper labour, and vertical integration probably also play a part. I wonder how long the government subsidies will last?
And slave labor.
Why do they continue to subsidize and reduce the cost of solar PV after they have already completely destroyed any foreign competition and are the only game in town?
So, enshittification.
No
Oh, whoops. I figured making a product artificially cheaper to encourage adoption and undercut competition, so much so that the competition became obsolete and customers were entrenched in your product were the first steps of "enshittification".
Thanks for your well reasoned rebuttal to my poorly thought comment. I appreciate your enlightened response.
You're thinking of "embrace, expand, extinguish" - the playbook for enshitification.
Did you read my post? Because I feel like that's what I said.
You said the wrong thing. Just take your L
I know what I said
If only you had spend half that energy googling the word...
from the article: mainly because BYD is the second largest battery producer in China, also because most of the car parts are produced by them
Slaves. The answer is slaves.
And corporate welfare. Can't forget that.
Did we really need to invent a new acronym BEV? Is that the differentiate them from the MFEVs, the Mister Fusion EVs?
I think it's mainly to differentiate them from plugin hybrid electric vehicles (PHEVs).