alt Hacker NewsYeah with China pumping state subventions into car manufacturing, they can outcompete any car manufacturer anywhere in the world. The leading battery technology is in Asia anyways.
The German car industry will not die completely, as the EU can protect its market from chinese manufacturers through regulation. But it will shrink and transform. Probably also back to fossil fuels (yuck), because there the Germans still have a lead (they are trailing with EVs).
Germany's new hot industry is defense technology.
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They're also making cars that people want to buy for a price they can afford. Toyota aren't making any cars I want to buy (at any price).
Man, every time where there's a Chinese product category you realistically can't compete with - it's always some excuse of - because Chinese state is subsidizing it and supporting it.
All it does is simply makes the Chinese government sound good and competent.
Oh, nice, a government that does good things that lead to good outcomes! How unusual, how unexpected! That's basically cheating!
We can't realistically have our government be useful and competent and serve our interests, so there's no way we can compete!
Last time the Germans got into defence technology, it didn’t end well for the whole world. Let’s hope it wouldn’t be the case this time
German car industry can produce state of art ICE, because they can manufacture the heart of ICE - the engine.
German car industry is trailing with EVs, because they can not manufacture the heart of EV - the battery.