schizoidman@lemmy.ml to News@lemmy.worldEnglish · 4 days agoProspect of low-priced Chinese EVs reaching US from Mexico poses threat to automakersapnews.comexternal-linkmessage-square134fedilinkarrow-up1218arrow-down117 cross-posted to: economics@lemmy.world
arrow-up1201arrow-down1external-linkProspect of low-priced Chinese EVs reaching US from Mexico poses threat to automakersapnews.comschizoidman@lemmy.ml to News@lemmy.worldEnglish · 4 days agomessage-square134fedilink cross-posted to: economics@lemmy.world
minus-squarejaschen@lemm.eelinkfedilinkarrow-up1arrow-down1·3 days agoKIA is also dumping. Those prices are not sustainable. Doesn’t make it right if others are doing it.
minus-squareschizoidman@lemmy.mlOPlinkfedilinkEnglisharrow-up1arrow-down2·3 days agoWell at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.
KIA is also dumping. Those prices are not sustainable. Doesn’t make it right if others are doing it.
Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.