And, a recent tour of one of the Asian powerhouse's vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.

"We have no chance against this," Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier's floor.

Ford executives saying even three years ago that China was way ahead of the game

Toyota's CEO has likewise said regarding not just his company, but the industry in general, "unless things change, we will not survive"

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[–] 114 points 6 months ago (13 children)

Good these are companies that fought the transition to EVs every step of the way. Toyota in particular. Which was ironic after releasing the Prius

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  • [–] 52 points 6 months ago (12 children)

    Toyota is way too conservative. After nailing hybrid tech early on, it seems like they wasted the opportunity to put it on every vehicle they make which would have been such an amazing step forward, instead of treating it as a weird niche for so long.

    Also that bz4x or whatever deserves a spot on the worst cars of all time list, just straight up ewaste.

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  • [–] 7 points 6 months ago (5 children)

    Yeah. Spot on. And the Busy Forks not only has an awful name, not only has awful styling, but it is an extraordinarily bad EV by any measure. E-waste indeed

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  • [–] 1 point 6 months ago (4 children)

    Wait, I haven't read up about it. What makes it so bad?

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  • [–] 3 points 6 months ago (3 children)

    Well the wheels fall off, that's not ideal. (https://m.youtube.com/watch?v=3m5qxZm_JqM)

    Other than that it has poor battery size for the cost, slow charging, and poor efficiency (burns more kW per mile/km).

    There are more criticisms, but they're the big ones. It is just not a good EV.

    And the wheels really did fall off initially, they had to do a recall. Was a design error.

    Now recalls happen very often to all companies but for straight up safety issues they're rare. They tend to be a lot smaller issues.

    The thing with the wheels though is just indicative of how little care they took with it, Toyota are renowned for quality, sure they're boring designs but they're built to last right ? Well this one seems to be been designed by the work experience kid and a punishment detail who clearly didnt want to be on a BEV.

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  • [–] 3 points 6 months ago (2 children)

    Oh, shoot, yeah, I do now remember about the wheel recall! You're right; Toyota has fallen in quality. I'm now recalling Genesis overtaking them in JD Powers' reliability ratings... I've gotta review this stuff more. So sad, but we really should never have brand loyalty.

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  • [–] 4 points 6 months ago (1 child)

    Also that bz4x or whatever deserves a spot on the worst cars of all time list, just straight up ewaste.

    What makes you say that? I don't really know much about cars, why is that one particularly bad?

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  • [–] 3 points 6 months ago

    Compared to everything else on the market it had big problems with reliability, range, charging speed, and it was overpriced.

    I think everyone expected that Toyota, with its hybrid experience and the benefits of seeing all other EVs on the market wouldn’t make such a poor attempt. It felt like they were poisoning the well, as if not wanting to compete in the EV space in the first place.

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  • [–] 1 point 6 months ago (1 child)

    I never owned one so I can't say this is true, but from what I read over the years, those early hybrids weren't great for performance/driving feel compared to other vehicles. They worked, they were efficient, but at the time turning all their cars into it probably wasn't a winning path.

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  • [–] 1 point 6 months ago

    I do agree about the early hybrids, The OG prius was a dog. But I feel that they sorted it out quickly enough, engineered out the potential reliability issues of a more complex drive train, brought down the price of batteries and motor tech, etc.

    They had a huge advantage in solving these problems before anyone else was touching hybrid tech, and then largely squandered the lead, and a chance to make everything they sell cleaner and more efficient.

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  • [–] 70 points 6 months ago
    [–] 189 points 6 months ago (24 children)

    Well that's capitalism. It's what you wanted right? Competition to keep you on your toes?

    Looks like the invisible hand of the market favors what the people want more than what bosses think we can take.

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  • [–] 52 points 6 months ago (2 children)

    Please keep buying our shitty cars, we won't survive otherwise.

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  • [–] -1 points 6 months ago* (last edited 6 months ago)

    TBH, Chinese cars are pretty shitty. Their EVs have thermal runaway at an incredibly higher rate. BYDs storage facility just went up because a car sitting there caught fire.

    As far as price, yeah it's not competitive when they pay their workers 10% what Western countries do and give them a coffin apartment to stay in. Then steal the IP from other countries so they have nothing in R&D.

    Here's their clone of a Taycan, which also finished dead last in reliability tests because people were burning alive in them and crashing because systems would go nuts causing crashes. You enjoy your Chinese EV you saved money on, just keep that shit a mile from my house or "crappy non Chinese car" https://autopostglobal.com/electric-future/article/51496/

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  • [–] -3 points 6 months ago (18 children)

    This is not capitalism as China is net-lossing market acquisition.

    This is called "dumping" and is not a feature of capitalism in any way. In fact, every single economic school that likes capitalism is against it. Generally net-loss market acquisition is very bad thing for our society as it privatizes gains and socializes losses. i.e. if EV market suddenly implodes many people would be holding the bag and if EV market succeeds then only a few people profit.

    Marxists themselves classify net-loss acquisition as a failure of late-stage capitalism (which is fair) but when .ml's favorite flavor of authoritarians do it then it's ok lmao

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  • [–] 49 points 6 months ago (8 children)

    Dumping is the natural end of overproduction or under consumption. It's also a tool to secure new markets. Capitalists employ it to get new customers and minimize losses. That's why Walmart exists in small towns and why previous season's stock goes on sale.

    What we see here is a state capitalist entity participating in a global capitalist market using the tools available to them to secure new markets. There's more than one tool at play here too: the article talks of the advanced state of automaton as the differentiator with domestic producers. At the scale of automation described, even if not sold at a subsidized loss that's still gonna produce a cheaper product.

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  • [+] -10 points 6 months ago (7 children)

    Dumping is the natural end of overproduction or under consumption

    This doesn't make sense in this context of dumping. It's intentional overproduction for market capture not some inbalance in the market.

    It's also a tool to secure new markets. Capitalists employ it to get new customers and minimize losses. That's why Walmart exists in small towns and why previous season's stock goes on sale.

    This is fundamentally opposite of capitalism, in fact as I said in the original comment market capture is inheritly anti-capitalist. Walmart, China etc. use abuse of power for an unnatural capture of markets. This is closer to authoritaniasm than capitalism.

    Most capitalism haters fundamentally misunderstand what they're hating it for. It's valid to hate capitalism for it's insufficiencies (it can be gamed and needs intervention) but it's silly to attribute everything to some magical all powerful capitalism in the sky - this just reeks of low brow scare tactics like the red-scare.

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  • [–] 26 points 6 months ago (1 child)

    Market capture is one of the major goals of capitalism because it allows for continuing, unconstrained profits.

    When you control the market people have no choice but to turn to you if they need what you sell--regardless of quality.

    Securing markets through control of supply doesn't stop being capitalism just cause it's done (perceivably) unfairly.

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  • [+] -11 points 6 months ago

    Market capture is one of the major goals of capitalism because it allows for continuing, unconstrained profits.

    I feel like you're going a bit into the weeds here. That's goal of any participant in game theory - capture and win as much as possible. So it doesn't matter what economic framework you're using every participant will try to claim the biggest piece of the pie. At least capitalism tries to address this with "checks and balances" of competition while other systems just blindly work on faith that human virtue will be stronger than game-theory which it absolutely might be, at some point?

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  • [–] 11 points 6 months ago (3 children)

    To be fair, the kind of capitalism you're talking about is/would be heavily regulated. In a free-market, which most people refer to when referring to capitalism due to messaging from Republicans, dumping is a perfectly fine tool. Is it ethical? No. But who cares? It's a free-market.

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  • [–] 5 points 6 months ago (2 children)

    To be fair, the kind of capitalism you're talking about is/would be heavily regulated

    Any system ought to be. There's no system that you can just let loose and have it self correct for itself, that's a fairy-level of a delusion. People are very smart and will always figure out how to game a system.

    In other words, a non-intelligent system will always be conquered by an intelligent participant, always.

    Where capitalism extremists do delude themselves here is that "capitalism can be a sufficiently intelligent system" (the invisible hand) if it defers intelligence to game-theory level competition: because we all check ourselves we end up low-key giving intelligence to the system. Unfortunately this is just impossible to stabilize without unified borg-like society where everyone plays under this unified system but it also doesn't mean there isn't value of introducing some intelligence to the markets under intelligent supervision.

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  • [–] 7 points 6 months ago (1 child)

    I believe any intelligent system will be corrupted, or manipulated for greed. It's why I believe in complete anarchy. A complete lack of state and authority. All beings equal, all provided what they need. And everyone works with their unique skills for a better future.

    Adding intelligence doesn't make it any better. It just makes the system more exclusive for the powerful. It's a higher barrier to entry. But the entry is still there.

    We both believe in utopias. And we both hope for systems in which human beings aren't the most vile creatures on earth.

    It was a pleasure conversing with you and many blessings to you.

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  • [–] 14 points 6 months ago (6 children)

    And yet here we are, in a capitalist society, and it's the current reality.

    Wild.

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  • [+] -15 points 6 months ago (5 children)

    We are not in "capitalist society" that's a bit of an immature take as we have many ideologies and systems at play. We should identify weaknesses of all systems and use a buffet style policy making not subscribe to religion of specific rule. There are many great things in capitalism, there are many great things in controlled markets, there are even some great things in authoritarianism (i.e. wartime readiness).

    Personally I don't believe system design is all that important — it's human virtue that drives all of this. A sufficently virtuous society would thrive under any policy framework as it would be capable of identifying faults and self correcting towards a more balanced interpretation and enforcement of any rule.

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  • [–] 16 points 6 months ago (3 children)

    Capitalism is destroying our planet. You can only spin that as positive if you don't care about our species continued existence.

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  • [+] -12 points 6 months ago (2 children)

    nope, shitty people and authoritaniasm is destroying our planet. Often quite literally too.

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  • [–] 10 points 6 months ago*

    Shitty people don't get to run everything into the ground unless we let them. That's a feature of capitalism.

    Besides, authoritarianism and capitalism aren't mutually exclusive.

    We've been ruining the environment for a very long time, and that started with the industrial revolution precipitated by, you guessed it, our very own U.S.

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  • [–] 1 point 6 months ago

    That's all true and China needs to be actively worked against to prevent their market manipulation but we can't forget the reason American auto makers can't compete is because America has manipulated the the markets so much they are uncompetitive also not capitalism, now they are trying to reverse course 180 before china is unstoppable by letting in a bunch of cheap labor, a lost cause if you ask me America will never be a manufacturing center again but you don't need to beat China just create competition and they will fall eg stabilize and incentive Mexico to create manufacturing and hope the tech industrys in America remains a monopoly or we're SOL.

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  • [–] -2 points 6 months ago

    This is not about pure capitalism, though. The reason Chinese EVs are so successful is that the Chinese government heavily subsidizes those companies. I would not be surprised if they sell cars at a loss. So the issue is exactly the opposite of capitalism. It's pure capitalism being crushed by big government

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  • [–] 63 points 6 months ago (16 children)

    I've been wanting Honda to make an affordable all-electric car for years. Based on how BYD is selling, I'm guessing I'm not the only one.

    Instead they keep making bigger and bigger, gas-guzzling vehicles, with bells and whistles we don't need, saying that's what sells and they can't make an electric vehicle they're happy with.

    Well, too bad. It seems I've bought my last Honda, sadly, because my next vehicle will not burn gasoline.

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  • [–] 20 points 6 months ago (11 children)

    On the same boat and yes it's depressing. It's also depressing that nobody seems to be thinking about all electric small cars, or even normal width cars, at least where I live. Teslas and BYDs here are about as wide as buses. I can only dream of Honda or Toyota making an electric vehicle no wider than 70% of the lanes they're supposed to drive on.

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  • [–] 22 points 6 months ago (3 children)

    They did. The Honda e was the perfect tiny EV, except for its massive price tag and small-ish range. And of course, in classic Honda fashion, as a promising but flawed attempt didn't succeed immediately, they promptly abandoned the segment instead of capitalizing on acquired knowledge, battery technology advances and price drops. Given how successful the Renault 5 is, I'm pretty sure a 2nd gen e at half the price would have been a massive success.

    Of course, being Honda, they changed their mind and came back with a significantly worse SUV.

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  • [–] 5 points 6 months ago* (last edited 6 months ago)

    They would probably not have managed to slash the price in half with one generation.

    The original Honda E was € 35.330 in 2020, which was a difficult sell given the small 170km range.
    Half price would mean an electric car for ~€ 18.000

    Looking at other Western manufacturers (e.g. Peugeot, Citroen, Volkswagen, Dacia) for a fair comparison, that is a stretch even today. Most EVs don't really go below 20k, and 25k seems to be the current range for affordable EVs.

    The issue is largely the cost of the battery. That cost has come down over the years, but not to the extent that Honda could have suddenly slashed the price of their EV in half.

    Edit: That is not to say Honda shouldn't have kept releasing more EVs.

    I'm just pointing out that they probably would follow the same path as the other Western automakers that have pretty consistently been releasing EVs over the past decade orso.

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  • [–] 2 points 6 months ago (1 child)

    Renault seem to offer quite a few these days that are fairly small.

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  • [–] 3 points 6 months ago

    Renaults are rare in Australia (and for some reason also disliked by aussies in general ). I would say the most popular brands are BYD, Tesla, Honda, Toyota, Kia, and Hyundai, easily more than half the cars you see in circulation today. I can probably count with my fingers the amount of times I've seen a Renault while driving.

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  • [–] 0 points 6 months ago (4 children)

    nobody seems to be thinking about all electric small cars, or even normal width cars,

    Hey ? There's dozens, if not hundreds of them, Chinese, European, Korean...

    at least where I live

    Oh. In the USA huh ? Damn, shame about your govt blocking them all. Maybe you'll change things up at the mid terms, good luck with it.

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  • [–] 1 point 6 months ago (3 children)
  • [–] 0 points 6 months ago (2 children)

    At a 30 sec glance at your history and based on your reference to Renaults in Oz then first question - WTF - it's 3am over there, go to bed !

    Then 2nd question, what exactly are you lacking in the way of small car options ? Another 30 sec dig suggests Oz has any number of small BEVs available all of the usual culprits from China, Korea and Europe are available (as they are in most countries, Canada being 1 exception for a few more months, and obviously the US).

    https://www.cars24.com.au/car-guide/best-selling-bev-models-australia-2025/

    Nissan Leaf, MG4 and BMW iX1 are not exactly F150s - they're all reasonable sized hatches.

    Yes there are plenty of people driving large cars in Oz (I'm from there originally) and they're now feeling the pain of the fuel prices, it will shape their behaviour, particularly the city folk driving Ford Rangers etc without ever taking them off road.

    If I've guessed wrong on the country whatever. There's very few countries outside of North America that don't have small and medium BEVs easily available

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  • [–] 1 point 6 months ago (1 child)

    You got the country right. What's your idea of a small car? When was the last time you drove in Australia? How large are the lanes where you live?

    Of the cars you listed (or better said the website listed) only the Nissan Leaf is under 1800 mm width ( 1780 mm ). With a length of 4490 mm it's not exactly a small car though, but I'll grant you it's within an acceptable size range for a vehicle. I haven't seen many around tbh. The MG zs EV follows closely at 1809 x 4323, acceptable sizes but not small.

    The Tesla T3, TY (you see these two a lot), Kia EV5, and BMW ix1 are well above 1900mm width. The T3, by far the most popular, is exactly 1933mm W x 4720cm L, the TY only 3cm longer. Hardly, hardly what I'd call a small car.

    The other models listed are all above 1800cm width, and their lengths are over 4200 mm.

    Let's compare these sizes against popular PICKUP models. Ford Ranger: 1910 mm x 5225, Volkswagen Amarok: 1910x 5350, Mitsubishi Triton 1815x5305, BYD Shark3 1994x 5195, Nissan Navara 1850 x 5120.

    TESLAS ARE WIDER THAN PICKUPS. Why??? Most other EVs have comparable widths to those of a pickup. Is that small?

    Examples of actually small cars: Honda Jazz 1694mm x 3996, Toyota Yaris 1710x 3940, Suzuki Swift 1735x 3840, Nissan Micra 1665x 3780, Fiat Mini Cooper 1744 x 3876. These are relatively recent models. If you look for older ones, before 2020, you'll find even more under 1600mm. Before the 2000s, you get cars even narrower than that.

    New roads might take the current average car sizes into account, but nobody is broadening already existing streets.

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  • Mate, you're all over the shop.

    So to address the initial point, I'm now in the UK where roads are much narrower than Oz, and yes I'm driving in Oz every few years.

    The basic issue is not that small cars aren't available in Australia, it's that no one buys them. A holden or ford ute, or a Volvo station wagon was a large car in the 80s, now the supersized Yank trucks (and the Jap ones made for the American market) are everywhere. A Toyota Hilux now is massively bigger than it was 25-30 years ago. If people didn't buy them, they'd stop selling them. The traditional ute was selling at the same time as the 4wds that got bigger and bigger - and wiped out their market share even before the Libs killed the car industry.

    So. You can buy small cars in Oz, and you can buy small EVs - it's just that no one actually buys them.

    BYD Atto is small even by Euro standards,

    https://bydautomotive.com.au/atto-1

    ditto the Fiat 500

    https://www.fiat.com.au/fiat/500e-electric

    There's probably more I can't be arsed looking up.

    Bottom line your issue is with your fellow drivers buying tanks instead of smaller cars, they exist, and many are in fact sold to city buyers, both in dino juice and electric versions

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  • [–] 1 point 6 months ago (2 children)

    What will be your next vehicle then?

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  • [–] 3 points 6 months ago (1 child)

    I honestly don't know. Probably BYD, based on how things are going...

    Maybe the Honda Prologue, which I only just found out about. But I'll keep driving my gas guzzler Honda for a while, since ei don't drive it a lot so it will last a long time.

    But really my point is that they've had a lot of chances to get ahead of this and they keep sticking to gas and hydrogen and not moving forward on electric.

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  • [–] 1 point 6 months ago

    Oh, I totally agree; I was just wondering. I really love the look of the Hyundai Casper but I think a nice, solid sodium-battery vehicle with great reviews would be amazing...

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  • [–] 61 points 6 months ago (2 children)

    "We took zero action to compete and relied on protectionism and other forms of corruption to stay in business knowing that China was pulling ahead, we refused to plan for the future and harvested all the money for our owners instead and now we're fucked unless you bail us out! Not the owners, of course, who could afford to bail us out, they will continue siphoning money even though they're clearly incompetent, we need your taxes" ... How about no?

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  • [–] 4 points 6 months ago

    Yes, but there also is a legitimate issue related to staffing.

    Everyone should be in unions, but unions ARE going to fight this level of automation to the bitter, as it will result in job cuts. In this particular instance, I think if you cut the CRO compensation to 0 they'd still be in trouble against some of these factories that automate almost the entire process.

    This is the kind of "machines coming for your jobs" that's realistic. AI may be a bunch of vaporware, but this stuff is different.

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  • [–] 54 points 6 months ago* (last edited 6 months ago) (2 children)

    How many of those companies spent literal billions of dollars on stock buybacks to inflate share market price over the last decade instead of investing in the people and facilities and products to remain competitive. Even if there is dumping I doubt it's anywhere near the combined spent on share price inflation buybacks & savings instead of investing in the workers and business, these companies enjoy unjustified tax breaks and subsidies from their governments as well.

    This is a the economy being equated to wealth/investor class problem. Workers in and around cities want cheap affordable evs & charging infrastructure for renters, mechanics and parts producers want to build and work on affordable evs. People who own stocks expecting growth returns and executive compensation want to sell 10 cars a year for a trillion dollars each if they could.

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  • [–] 48 points 6 months ago (18 children)

    OH NO! THE FREE MARKET IS WORKING BUT NOT IN OUR FAVOR!!!

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  • [–] 10 points 6 months ago* (17 children)

    Genuine question is this the free market?

    Is the CCP subsidizing these super cheap cars?

    Which isn't to say the US isn't doing the same. 2008 should've meant the death of much of the American auto industry

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  • [–] 10 points 6 months ago (15 children)

    Oh they likely are, just like the us does for their own auto industry. The free market part is simply a cheaper car that appeals to more people, it coming from China is the only thing really holding it back. Well and maybe the spying, but I don't know how bad these are on that front.

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  • [–] 2 points 6 months ago (14 children)

    Well and maybe the spying

    Don't forget the headline that came out the other day about how new US cars post-2027 model year are required to have federal surveillance installed.

    We're already being spied on, and I'd much rather China be doing it than fucking Palantir.

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  • [–] 0 points 6 months ago (13 children)

    We are not being spyed on as long as we are not american or don't buy new cars.

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  • [–] 1 point 6 months ago (12 children)

    Every state does internal espionage on its citizens, and external espionage on other states.

    Just because you don't live in USA or China doesn't excuse this.

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  • [–] 1 point 6 months ago (11 children)

    Yes, but that is no reason to invite more of it. And this is not even government spying (they get the data I am sure) but corpo. A bad thing happening does not make it OK or normal.

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  • [–] 2 points 6 months ago* (10 children)

    invite more of it

    You're not inviting more of it. You're trading spying done by one nation/corp with spying done by another.

    Unless you think European espionage is somehow better than Chinese espionage.

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  • [–] 1 point 6 months ago* (9 children)

    No I am not, I will not be buying any new car with spying tools in it. Its not an ether or, its a choice. If China puts out a car without touchscreens and spying they will become world sales leaders almost over night. That is how the free market is ment to work, but america has ruined the very concept (as is tradition) and not buying shit is not even seen as an option anymore.

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  • [–] 2 points 6 months ago (8 children)

    not be buying any new car with spying tools in it

    Why do you have confidence that complex products like cars made, bought, and sold in the EU DON'T have any level of surveillance equipment installed to benefit the intelligence arms of the EU and its member states?

    Hard to believe in 2026.

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  • [–] 1 point 6 months ago (7 children)

    I don't and never stated anything about the EU or their cars. But best of luck in your argument with the person you have replaced me with in your head.

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  • [–] 2 points 6 months ago* (6 children)

    I used the EU as an example. You never stated where you were going to purchase this ideal car, nor where this car would have been made.

    How are you confident that even "old" cars made recently don't have surveillance equipment installed by some actor, corp or government, similar to how smartphones have backdoors accessible to state intelligence agencies?

    Unless you plan on buying cars before the addition of built-in GPS or "OnStar"-like systems, and clearly before cars started having built-in Wi-Fi and touchscreens, no car out there is entirely open-sourced in terms of hardware and software.

    If you do plan on finding vehicles before that time period and can take care of one so it's efficient and meets emissions standards, more power to you.

    My original point about me critiquing you for calling out Chinese spying on their vehicles bought and sold in foreign countries still stands. As cars become more and more integrated with the Internet-of-Things (IoT) and has remotely telemetry capabilities, and if open source regulation lags behind, spying is the norm regardless of country. It's biased to only think that China does this.

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  • [–] 1 point 6 months ago (5 children)

    I daily drive a 1985, the newest I have ever owned is a 2008 and will not change unless they make a non spying car. I have education in computer science and do know when a device is reporting in so no I will never have a vehicle with any sort of on star.

    And this is the poison america has given to the world, the idea that you have to buy this shit. If people actually had the option to not buy the bullshit new they would. But the options are just removed, and not organically but from a cabal system of corporate interests. But there is a silver lining, people can not afford these new spy cars and debt is running out. The stuff around me driving around seems to be 1995 to 2010 at the moment, not due to what people prefer but what they can afford.

    The idea that people have to live with shit is pathetic. As I said if given the option people would take the cheap non IoT things, but they don't make that stuff. The free market has become the freedom to buy what they sell you, and that's perverse.

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  • [–] 2 points 6 months ago (4 children)

    And at the end of the day, I'd rather have my data stolen by a country looking out for my own interests as a working class individual who doesn't own a house nor business nor factory than by a country looking out for the interests of the elite that game the system year over year looking for new ways to fleece working class individuals of all they own.

    Espionage can be used to uphold good systems of governance, so long as it is the capitalists being spied on first and foremost.

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  • [–] 1 point 6 months ago (3 children)

    So not the us, or China as both have a very bad track record? And once again why is it "at the end of the day" being phrased as a choice between who is spying on you? Fuck that, don't let them spy on you, you should not care about "good" spying anyway. Why are people (mostly americans) such pushovers? When did everyone get a oppression fetish? Why is not wanting to spend stupid amounts of money on a device that lets your insurance, car company and government spy on you now seen as weird?

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  • [–] 2 points 6 months ago (2 children)

    China

    very bad track record

    What track record?

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  • [–] 6 points 6 months ago

    The CCP didn’t just subsidize cheap cars. They built out the manufacturing capacity to produce them at scale.

    As China’s demographics shifted and long-term labor supply came into question, they leaned heavily into automation and industrial efficiency.

    That’s the real reason these cars are so inexpensive. It’s not just lower prices, it’s a fundamentally different cost structure driven by scale, integration, and advanced manufacturing.

    What’s unsettling competitors isn’t cheap cars themselves.

    It’s the ability to consistently produce cars more cheaply than anyone else.

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  • [–] 44 points 6 months ago (2 children)

    Good morning. You old style car companies (and it is not just the US ones, count the European companies in, too) slept through the last decades. They tried everything in the book to supress EVs, and still keep developing fossil fuel cars to be released in ten years.

    And now they start to wake up, seeing that the world moved onwithout them, and they cry.

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  • [–] 18 points 6 months ago (1 child)

    I work in a USA manufacturing plant that has nine figures worth of EV motor manufacturing lines cancelled, sitting around collecting dust since the new administration changed all the regulations and incentives.

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  • [–] 41 points 6 months ago (7 children)

    Okay, so you're getting out-competed in the market. Pay proper wages, invest in innovation instead of executive salaries, and take a slimmer profit margin to help your customers.

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  • [–] 10 points 6 months ago

    It is way bigger than that.

    The traditional model of manufacturing has been multiplied by 10, "traditional" auto makers will not be able to afford retooling to even produce anything close to the volume of byd and their ilk.

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  • [–] 6 points 6 months ago (2 children)

    Did you not read the story? The reason why they can't compete is because China has NO wages to pay. Their plants are fully automated.

    Paying proper wages would make Toyota and Honda even LESS competitive.

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  • There is no such thing as total automation, there are always people keeping the machines in order. Even then, it's a skill issue on Toyota and Honda's part. Labor will reorganize like it always does, and it's not like any of these companies care more than they have to about labor.

    The primary advantage China had was government subsidies prioritizing long term more than the private investors could. In theory the private investors could make most of the same decisions an industrial capitalist state can, but they are too self interested for that collective action. They don't care about helping any individual state, their money moves freely across the globe, and they are only in it for themselves.

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  • [–] 5 points 6 months ago* (2 children)

    The trouble is the opposition is subsidised so they can pretty much run negative margins and still turn a profit.

    Paying proper wages is the opposite of what would help here.

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