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boem@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago

Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

www.reuters.com

boem@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago
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The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
  • Holyhandgrenade@lemmy.world
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    I hate it when corpos use the “oh we can’t lower prices because our staff is getting paid too much”-narrative. What about the CEO who takes half the profits for himself?
    It’s the workers who create value for a company, they don’t take it away by getting paid for their work.

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