Soldato
- Joined
- 23 May 2006
- Posts
- 7,691
lol good luck boycotting Chinese manufacture.If you buy one you are essentially directly supporting the CCP.
more seriously
This is a really tough one
on one hand I don't think it is good at all the Chinese having essentially a monopoly on the vehicle industry.
on the other hand.... we need to go greener, and radically cut our CO2. for cars the best way to do this is an EV.
it really isn't China's fault that almost all traditional automotive companies chose short term profits over long term viability. they all had equal warning and far more notice than needed
so over all screw em!. politically if governments don't want China ruling the car world they need to counter by subsidising battery manufacture (which is where car companies are really struggling). (but as a business venture where they actually have shares which pay back to the locals)
I don't think specifically bailing out private car companies is the answer. (not without becoming a share holder like any other investor anyway with the government getting dividends).. they are not nationalised so it's not on average Jo to bail out VW or Toyota.
I don't agree with China politically but yet again they have embarrassed the incumbent and hats off to them .... taxing better vehicles to help force inferior ones is not the answer.
even the battery factory being built in the UK. I bet the government (aka us) are paying a huge amount of cash for that
whilst I would not be surprised if Sunaks family are benefitting , why is that not a British company doing it? surely we have the expertise and shouldn't need TATA to be doing it.
so just like all our windpower off shore, someone else will be making loads of money of what should be British profits.
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