cross-posted from: https://lemm.ee/post/42676060
The secret is heavy subsidy, very little worker protections/safety, very little environmental protection, and slave labour from a demographic they’re currently genociding.
Not just subsidies the CCP decides how much the car makers have to produce. They are overproducing and the Chinese market is saturated, there are graveyards full of unused EVs because nobody wants to buy last year’s lower range versions. And now they dumping that over production onto the rest of the world.
Don’t forget the hundreds of billions that global capitalism funneled into China by “outsourcing” absolutely everything they possibly could over the last 30-40 years — devaluing developed world labour markets and environmental regulations, and winding back the clock to an unregulated slave labour market is what made it so attractive.
That was my first thought, but is that much different for say Tesla. They get tax breaks and pay as low as they can. Don’t get me wrong I not protecting China’s way, I’m rather against both. But it would be interesting to see numbers from both sides
Did you just seriously try to compare China factories to Tesla? This place really is just an absurd bubble.
For reference in Mexico they are making 5k a year vs 50k. I’m sure it’s rainbows and kittens over at byd.
Yes it’s very different. Tesla certainly overworks their employees by basically expecting them to do overtime, and engages in anti-union shadiness, but that pales in comparison to utilising slave labour from a religious minority group they subjugate and have even been known to sterilise, as well as harm family members of those who aren’t behaving as the CCP wants them to.
Tesla still has to abide by US environmental regulations, which while not as strict as you’d find in Europe, are a hell of a lot stricter than China.
Tesla still has to follow construction and safety laws that, again while not super strict like in much of Europe, is a hell of a lot stricter than China.
The US also doesn’t subsidise exported Teslas in a move to exterminate foreign car companies before ramping up prices.
