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A comment on BYD is automaker with the most R&D staff in the world. Parent comment

Re:BYD is automaker with the most R&D staff in the world by dv_dt on Tuesday December 31, 2024 @01:11AM (#42556806)
As have many western companies which bailed out their automotive industries during covid and the Great recession as well as earlier instances.

The west should actually operate industrial policies more like China if the outcome is globally cost and quality competitive companies after govt supports have been removed, because it seems like after US bailouts auto companies fattened profits without improving cost quality or competitiveness

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Re:BYD is automaker with the most R&D staff in the world by powerapple on Tuesday December 31, 2024 @01:42AM (#42556935)
The issue is in Europe, not US. What China did was to copy what US does, except: Chinese private capital is not as strong as US, that's where the state capital comes into play. Tesla is an US company.

Europe is a very different story, the private capital is very conservative. They are not willing to gamble as US counterparts, and the states are not moving fast enough.

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Re:BYD is automaker with the most R&D staff in the world by Yeul on Tuesday December 31, 2024 @05:54PM (#42562474)
European countries actually had industry policies in the 60s and 70s. But countries like Korea and Japan were always going to be cheaper. The Netherlands lost a LOT of many protecting the shipyards.
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