alt Hacker Newsit's not like cars are necessities like food. and i doubt these companies are unprofitable - the chinese govt has no incentive to provide the world with free cars.
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azinman2 • yesterday at 5:33 PM
It does if it meant everyone else went out of business and became dependent then on China
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It's shocking how (presumably) free-market maximalists on HN, who usually tout the benefits of competition look at Chinese EVs and go "These low proces can't be due to competition and innovation. It has to be government intervention". Domestic competition in China is red in tooth and claw, while car manufacturers in the US manufacturers innovate on buyer financing.