Trudeau says Canada to impose 100% tariff on Chinese EVs - eviltoast
  • Rivalarrival@lemmy.today
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    2 months ago

    Domestic competitors aren’t producing affordable vehicles. They are producing oversize, overweight, overcomplicated, overpriced crap.

    They aren’t competitive primarily because they are focused on a low-volume, high-margin luxury market, and avoiding the high-volume, low-margin utilitarian market. It is their abandonment of that market that provided China with the opportunity to corner it.