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Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry (insideevs.com)

submitted 6 months ago by schizoidman@lemmy.ml to c/technology@lemmy.ml

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cross-posted from: https://lemmy.ml/post/15089465

Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry

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[–] whotookkarl@lemmy.world 26 points 6 months ago

Not scary for the auto workers who want to work on them, build them, supply parts for them, etc or the families who want affordable EVs. More scary for the wealth class who didn't reinvest enough into updating their facilities and processes to stay competitive businesses. The government already gave them extra time with the embargo but that isn't going to last forever.