QUOTE(PowerSlide @ Sep 23 2024, 11:17 PM)
they can because they made everything there..get govt cash and have companies that can design and made every parts so they can afford to keep pushing new design new tech and like now cut prices even some of them go negative..i even read nowadays car development is down to 2 years compare to 4..thats how fast they moved
the kind of scenario no other car makers even toyota have it this way..byd can make a 20k USD camry size hybrid..even toyota is worried with such prices
that is why west scared of them..they are just too fast flooding the market with everything they make
I do agree with what you wrote. 👍
But then, with their gov support and financial backings, they will kill competition. Good or bad is up to who benefits or suffers from it. However, like all Chinese products, they are way too low priced to be realistic, killing competitors by dumping prices. This can potentially become a monopoly. That’s why the west and US are trying to stop these ‘under handed’ practices. We are also one of the victims of such price dumpings, unfortunately.
I know and realised that there can never be a fair competition in this world but what China is doing now is not fair. The west and US are not exactly angels as well but at least they do not openly practise such price dump.
The next price dump will be steel, as I read that China has a huge stockpiles of steel that are not moving due to over supply and lower demand from the west/US.