Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
Usually how it goes. If ya can’t beat ‘em, beat ‘em. The only way capitalism can pretend to function is with competition but the biggest use of the money and “innovation” is for finding ways to eliminate competition without actually doing anything risky like “making a good product”.
Is nobody else going to mention that the Chinese government is subsiding the hell out of their electric vehicle manufacturers? Their goal is to win the majority market share and then raise prices when there are no other options.
If there were no subsidies and they followed the same environmental and human rights practices as the rest of the world, they'd be in line with everyone else.
The corporate christofascists and their GOP stooges are doing everything they can to stop electric vehicle production and adoption in the US. They're doing the same thing with renewable energy. It's all about keeping the money flowing to the rich for at long as possible no matter what the long term costs to the country, the planet, or the non-wealthy. Most ofter countries not run by corporate fascists are adopting EVs and renewable as fast as they can. The US is going to become a dirty, underdeveloped country run by theocratic dictators and there is very little that can be done to stop it and very little time to do it.