schizoidman to Europe@feddit.orgEnglish · 2 days agoCar industry crisis: Automobile workers don't believe taxing Chinese EVs is the solutionwww.euronews.comexternal-linkmessage-square9fedilinkarrow-up110arrow-down16file-textcross-posted to: electricvehicles@slrpnk.netelectricvehicles@lemmy.mlevs@lemmy.worldeurope@lemmy.ml
arrow-up14arrow-down1external-linkCar industry crisis: Automobile workers don't believe taxing Chinese EVs is the solutionwww.euronews.comschizoidman to Europe@feddit.orgEnglish · 2 days agomessage-square9fedilinkfile-textcross-posted to: electricvehicles@slrpnk.netelectricvehicles@lemmy.mlevs@lemmy.worldeurope@lemmy.ml
minus-squarejenesaisquoi@feddit.orglinkfedilinkEnglisharrow-up1·5 hours agoAlso state subsidies. Also not extracting profits for the shareholders (for now). European cars could be much less expensive if the car makers weren’t required to make profits for their owners above all else.
minus-square0x815@feddit.orglinkfedilinkEnglisharrow-up1·5 hours agoChinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.
Also state subsidies.
Also not extracting profits for the shareholders (for now).
European cars could be much less expensive if the car makers weren’t required to make profits for their owners above all else.
Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.