The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
  • Treczoks@lemmy.worldEnglish
    5·
    2 years ago

    If you can bear it, and there is no alternative, you will.

    And that is the point that will break the European car makers necks. The Chinese just start being alternatives, just like Japanese cars were in the 80s and 90s.

    • Bloodyhog@lemm.eeEnglish
      43·
      2 years ago

      To give it credit, Japanese cars are now among the best in class, and can be enjoyed on a global market at a “reasonable” price. Took them a few decades to get there though. When/if Chinese manufacturers get to that level - that would be a win for the common consumer anywhere. And European companies with their trend to sell less, but more expensive, cars, will likely be outcompeted.