alt Hacker NewsSelling that many cars despite intense competition at home and trade barriers abroad seems the more natural way to express that story.
They instead focused on how in evil communist China you need to continue to make better cars than rivals in order for your business to succeed and grow.
What a strange system they have over there. If only they were capitalist like the US and being an incumbent connected to the regime was all you needed to keep extracting money from the population despite product stagnation.
Two things can be true at once:
1. BYD has rapidly surpassed many western companies in terms of product quality / desirability
2. Chinese automotive industry is a strategic threat to Western military capabilities. If they are successful in usurping European / American auto manufacturers, it will be a death blow to an already hollowed-out industrial base that is critical to any sustained military engagement.
So, yes, western companies have stagnated, and yes, the West needs to keep these dinosaurs around through subsidies (which Chinese manufacturers also receieve from their regime).