867
submitted 2 months ago by floofloof@lemmy.ca to c/technology@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] Varyk@sh.itjust.works 6 points 2 months ago* (last edited 2 months ago)

I think the US is hoping to buy itself some time while their EV manufacturing catches up, but they aren't being practical about the limited effect of these tariffs and aren't making the necessary domestic investments so far to compete with the level of manufacture the Chinese are at and the level the Japanese and a few other countries will be at in 5 years.

The market is still going to end up with safe, affordable EVs sooner than anyone thought, so I can't get too worked up about the US not jumping into the race.

If they don't want to catch up, then they get left behind.

They let others manufacture their TVs, computers, and toilet paper, it's not unlikely they'll let their national auto industry die as well.

this post was submitted on 02 Aug 2024
867 points (98.3% liked)

Technology

58795 readers
2820 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS