441
Chinese EV maker BYD says new fast-charging system could be as quick as filling up a tank
(www.theguardian.com)
this post was submitted on 18 Mar 2025
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If China is subsidizing the vheicle and we purchase them here, that means we are drawing from China's subsidies.
The claim is this is to save industries but the notion that was need to save specific industry is never questioned.
We're told we're protecting jobs but that's bullshit. We're only protecting the profits of capitalists.
Christ this is a short sighted view.
We have regulations on markets for a reason, to prevent unfair advantage.
Just because the US is protecting their interests doesn’t mean that what China is doing isn’t a deliberate effort to drive others out of business.
It’s an aggressive market tactic and it isn’t good when China does it, just as it isn’t good when a megacorp races to the bottom to drive a mom and pop out of business.
They did the same thing with solar panels and it was a net detriment on the industry NOT and advantage for the consumer.