What if china made EV’s are still cheaper than US made even with the subsidies?
Given how important it is to maintain critical supplies in friendly nations, there would likely be increased pushes to make Mexican manufactured batteries increasingly affordable. There is already a push to manufacture batteries there as there isn’t much worry of Mexico invading Taiwan and causing supply chains to instantly sever.
I am reminded of the US response to Japanese cars in the 60s and 70s, which worked out so well for the US auto industry.
I think it worked out pretty well for American auto workers in the end. I care less about the US auto companies and more about American auto workers. Honda, Toyota, Mazda and Nissan all have factories in the USA producing cars for domestic consumption.
The decline of Detroit would have happened anyway, but perhaps not quite as extremely. It just doesn’t take as many humans to build cars today than it did in the 1950s.
The headline misses these details
What if china made EV’s are still cheaper than US made even with the subsidies?
I am reminded of the US response to Japanese cars in the 60s and 70s, which worked out so well for the US auto industry.
Given how important it is to maintain critical supplies in friendly nations, there would likely be increased pushes to make Mexican manufactured batteries increasingly affordable. There is already a push to manufacture batteries there as there isn’t much worry of Mexico invading Taiwan and causing supply chains to instantly sever.
Nobody expects the Mexican invasion, that’s what makes it so deadly.
I think it worked out pretty well for American auto workers in the end. I care less about the US auto companies and more about American auto workers. Honda, Toyota, Mazda and Nissan all have factories in the USA producing cars for domestic consumption.
Detroit used to be one of the most prosperous cities in the USA…
The decline of Detroit would have happened anyway, but perhaps not quite as extremely. It just doesn’t take as many humans to build cars today than it did in the 1950s.