It didn’t occur in industries where China holds a strong presence, such as solar and other renewable energy equipment, or in lower-tech products available on platforms like AliExpress, Amazon, and eBay. So, why would it be different for electric vehicles (EVs)? Currently, the primary foreign competitor for EVs in China is Tesla, and prices for EVs are decreasing rapidly.
BYD electric vehicles are sold at a significantly higher profit margin in Europe compared to China.
What? There’s so much electronics products that you just can’t find not made in China these days, it 100% happened! Just because the brand isn’t Chinese doesn’t mean they’re not dependent on China!
Thats maybe only true for the US. In Europe, the solar panel industry ist dead, Like the following:
The Screen/TV industry,
Heat Pumps,
consumer electronics,
As is most of the Smartphone production, again, outside Design and probably the Premium/sustainable Brands.
Nearly every industry, where you can undercut competitors costs by leveraging economies of scale through pollution and the abolishment of labour laws and human rights
It didn’t occur in industries where China holds a strong presence, such as solar and other renewable energy equipment, or in lower-tech products available on platforms like AliExpress, Amazon, and eBay. So, why would it be different for electric vehicles (EVs)? Currently, the primary foreign competitor for EVs in China is Tesla, and prices for EVs are decreasing rapidly.
BYD electric vehicles are sold at a significantly higher profit margin in Europe compared to China.
https://finance.yahoo.com/news/eu-unwinnable-price-war-chinese-104847336.html
What? There’s so much electronics products that you just can’t find not made in China these days, it 100% happened! Just because the brand isn’t Chinese doesn’t mean they’re not dependent on China!
Thats maybe only true for the US. In Europe, the solar panel industry ist dead, Like the following:
As is most of the Smartphone production, again, outside Design and probably the Premium/sustainable Brands.
Nearly every industry, where you can undercut competitors costs by leveraging economies of scale through pollution and the abolishment of labour laws and human rights