EU subsidizes fossil fuel instead. But how could this be a problem...
Compared to Chinese subsidies for coal, EU subsidies for fossil fuels are laughable.
The bigger problem in my opinion is that China literally uses slave labour by Uyghurs.
If we are going to have free trade with a country running massive work camps, then we will have an unwinnable race to the bottom.
Obviously, that's totally unacceptable.
And it doesn't matter if the Uyghurs are not working in export sectors. Even if they only make products for domestic consumption, that will still make Chinese labour more competitive due to lower living costs.
Free trade without equal worker protections is just not going to work out.
Well, EU is not very successful with their own electric cars
Are you kidding? VW sells at least as good as Tesla in the EU, when not sightly better.
https://www.electromaps.com/en/blog/europes-best-selling-electric-cars-q1-2023
Not quite. All the European brands together still isn't enough to take the top spot from tesla, and tesla has both #1 and #2.
are you serious? as much as i hate the ceo, but tesla has, unfortunately, better mpkwh than any european car manufacturer. the software is also way ahead. and then there is, at least in germany, the problem with the reliabilty of the charging network. only enbw comes close to tesla superchargers, but they are not part of any car manufacturer.
China’s Plans To Win Big EV Sales In Europe Pains Incumbents
Chinese electric car leader BYD unveiled its Seal sedan at the Munich show, and investment bank UBS spelled out the bottom line in a report.
“We believe BYD Seal is not only cost-competitive compared to incumbent legacy brands, but also 15% lower compared to Tesla Model 3. We estimate BYD’s cost is 30% lower than those of western incumbents, allowing it to offer a competitive price in Europe even with tariffs, shipping costs and/or more costly local production,” UBS said.
