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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers (www.nytimes.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 4 points 1 year ago (5 children)

A one time loan which made money is hardly a subsidy by comparison to China right now. That's an absurd comparison. Apples to oranges. Hell apples to baseballs.

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  • [–] 5 points 1 year ago (4 children)

    There is also CAFE standards that made small, effecient vehicles require extremely high emissions standards while allowing looser standards for larger, less effecient vehicles. Effectively limiting foriegn market influence while increasing both the price and size of the average vehicle on American roads.

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  • [–] 2 points 1 year ago (3 children)

    That's not a competitive subsidy though. Anyone can and don take advantage of those emissions. The US does not have access to China subsidized materials or labor to compete in that market.

    BYD could build here and take advantage of that.

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  • [–] 4 points 1 year ago (2 children)

    The US actually heavily tariffs foreign-made vehicles that could skirt the CAFE requirements the way American trucks do. Light trucks suffer the Chicken Tax and can only be made in Canada, US or Mexico to bypass that. Been that way since the UAW boss asked LJB to do something about the German imports growing.

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  • [–] 1 point 1 year ago (1 child)

    So build them here, like every other foreign auto maker.

    They accomplish two completely different effects by two completely different mechanisms. The former being available to every manufacturer.

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  • [–] 2 points 1 year ago

    So it's not free market after all because the big 3 can make vehicles at home and sell abroad while the others have to make them in the US for the US market. In what way is it not a form of favoring the domestic auto companies?

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