Re:China Tells Telecom Carriers to Phase Out Foreign Chips i...
by KoolKat23 on Friday April 12, 2024 @11:20AM
(#40013940)
Also they're not really "dumping" EV's in Western markets. The automotive market traditionally made low margins like 5%, until EV's where they're now trying to make closer to 30%. They're just sticking to the old pricing model.
Western manufacturers have been caught with their pants down, they operated under the assumption car ownership would become a premium thing, like owning an iPhone. Basically thought they'd have a free lunch fleecing consumers.
Western manufacturers have been caught with their pants down, they operated under the assumption car ownership would become a premium thing, like owning an iPhone. Basically thought they'd have a free lunch fleecing consumers.