Quote:
Originally Posted by Couch-Potato
I'm curious to ask why? Do you work in the automotive industry? Buy their stock? ...I don't see how China producing affordable EV cars is bad for the average global and/or US consumer. The price of US vehicles, specifically, have absolutely sky-rocketed in recent years! I was in love with the idea of buying a jeep, when I was a kid it was super cool to drive a beat up wrangler, the low end wranglers now cost something like $60k and the top end wrangler goes for a whopping $100k+ after taxes!!!??? WTF!? It's not a ****ing house! I'd argue that Chinese competition might help reduce the rate of YOY price increases on similar US vehicles and offer a tiny piece of the total solution for dampening the inflation we're currently seeing in that market.
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Just a general desire to see U.S. manufacturing remain a healthy and viable industry.