Technology

59446 readers

4315 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago

MODERATORS

613

Fear of cheap Chinese EVs spurs automaker dash for affordable cars (www.reuters.com)

submitted 11 months ago by boem@lemmy.world to c/technology@lemmy.world

241 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] slumberlust@lemmy.world 5 points 11 months ago (1 children)

What's the incentive? Most people will have to buy a car anyways, so without a different incentive, it's better for every manufacturer to sell you a 60k+ car where the margins are way higher. If profit is the sole motive it's a no brainer.

[–] HankMardukas@lemmy.world 11 points 11 months ago

The incentive is going to be undercutting the competition. It's going to happen someday, might as well be you, car company.