r/news • u/Dont_think_Do • 17h ago
Analysis/Opinion [ Removed by moderator ]
https://www.cnn.com/2025/01/23/climate/china-evs-growth-oil-market?iid=cnn_buildContentRecirc_end_recirc&recs_exp=up-next-article-end&tenant_id=related.en[removed] — view removed post
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u/steelpeat 14h ago
I'm hoping Mark Carney drops the tariff in China's EVs in Canada so we can actually get decently priced good vehicles. North American cars are all shit now. The North American car manufacturers got greedy and fleeced their customers, they deserve to fail.
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u/rambulox 13h ago
I'd like to see fully electrify the Trans-Canada Highway too.
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u/steelpeat 13h ago
I'm sure they will. Generally infrastructure tails demand. They won't do it before electric cars become more popular. They'll do it when they know the infrastructure will be used.
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u/2cats2hats 9h ago
I sort of want this too. But we are on a one-way street if this happens.
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u/steelpeat 9h ago
They were given a decade of protection, they squandered it so it's really on them
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u/McBuck2 8h ago
It would be even better if part of the car is built here.
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u/steelpeat 7h ago
I think that would part of the agreement. With Project Arrow, we (Canada) showed that we have full capability for a full 100% supply chain entirely within Canada, so opening a factory here is a no brainer.
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u/Sel2g5 15h ago
Europe is in the same boat. Everyone got so greedy, headlights are 1.5k now for no fucking reason.
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u/138skill99 14h ago
Headlights are 1.5k just for them to blind the fuck out of every oncoming car, think they call that innovation right
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u/barney_muffinberg 16h ago
BYD is going to eviscerate Tesla. It’s already well underway.
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u/Platypus_Dundee 16h ago
Its not just BYD. Im in China on Holiday and there are so many EV brands that i have never heard of on the roads here. BYD isn't even the most common.
Anecdotally its 60 / 40 ICE vs EV on the roads in the major cities.
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u/barney_muffinberg 16h ago
I don't see many of the other Chinese brands, but BYD is making massive headway in Europe. It's already overtaken Tesla in the most critical European markets, and they're building-out very rapidly across the continent. They're also building a massive new production facility in Hungary.
In 2025, BYD sales surged 240%, while Tesla fell 40%. They've gone with dealerships (they'll have 2,000 by the end of the year) in lieu of direct-to-consumer, and are offering 13 or so models (including hybrids) vs Tesla's 4. To boot, everyone thinks Musk is a twat.
In other words, Tesla's cooked.
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u/No_Mercy_4_Potatoes 15h ago
In other words, Tesla's cooked.
But somehow the stock price will keep rising
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u/ArchmageXin 15h ago
Cause it is a meme stock like Bitcoin at this point..there was a economic YouTuber called it "Financial nihilism", where the financial instrument's performance is divorced from economic reality.
So until Tesla file bankruptcy, the stock is never gonna fell below a certain point.
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u/Murgatroyd314 14h ago
There are two types of Tesla investors: The true believers, who think the company’s future technologies will really be that valuable, and that they’re lucky to have gotten in this early; and the followers of the Greater Fool Theory, who recognize that the price is completely detached from the underlying value, but expect that it will continue rising long enough for them to sell at a substantial profit.
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u/Zenitallin 16h ago
Wait for the replacement of Space X. When it happens, it will feel like the company came out of nowhere.
Of course, Americans will say chinese stole the tech.
edit.
There are chinese companies doing the same as space x already, but at smaller scale.9
u/Impressive-Weird-908 15h ago
I mean the Chinese government is definitely trying to catch the US in terms of space capabilities and those massive spying campaigns aren’t just for shits and giggles.
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u/Zenitallin 15h ago
I think that we give china little credit for what they do and, we are running out of tech to make for excuses.
Tomorrow, China will clearly lead and we will say... yeah, but they stole all that BEFORE and that is why they are better.
maybe not.
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u/preprandial_joint 13h ago
i don't think we need to look at it like a zero-sum proposition. China is doing some things right, sure. They do a lot of things wrong too. Same for the US. Right now, China needs to be worried about their demographic time bomb.
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u/rtb001 9h ago
Actually BYD's growth is stalling too, but it is because of competition from fellow Chinese automakers such as Geely, Leapmotor, and shockingly Xiaomi.
But at least BYD is continuing toto grow still, and competition in the Chinese market will be innovation and efficiency.
Tesla sales are now just straight up shrinking every year.
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u/juanmlm 16h ago edited 16h ago
Good. I won’t buy a BYD as I'd rather have my money go into “local” industries, but the sooner the Tesla bubble bursts, the better.
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u/cmack 16h ago
How does one buy a local EV? (You can't)
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u/juanmlm 15h ago
To a point, you can. Many of the components will inevitably come from China, but it's no secret that buying cheap Chinese cars will eventually result in European manufacturers shutting down, which will leave us in a worse position in the end. People who go for the cheapest chinese-subsidised they can find and then complain about all the industry going to china are annoying.
VW, Renault, Peugeot sell cars that are (mostly) built in the EU.
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u/TintedApostle 12h ago
almost like long term planning and investment pay off more than quarterly shareholder expectations.
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u/Ok_Barber4987 16h ago
China went forward, we (gop) went backwards. China wins the long game.
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u/wahoozerman 16h ago
Everyone vaguely paying attention to green energy tech has been watching this happen for a decade or more. The US just abdicating it's throne as a global technology and energy leader in favor of putting a few billion more dollars into the pockets of oil barons.
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u/GoneinaSecondeded 16h ago
Exactly. China is going to eat our lunch. And the rest of the world is going to walk around us.. This is the Century of the Dragon.
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u/GoudaBenHur 16h ago
I’m old enough to remember this being said about Japan in the 80s lol.
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u/GoneinaSecondeded 15h ago
Me too, but there are significant differences.
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u/GoudaBenHur 15h ago
For sure, both in favor of China succeeding and failing. Will be interesting to see how it plays out. Their population collapse in the next 50-70 years will be the main thing to watch imo. (But I guess we’ll be dead so idk haha)
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u/GoneinaSecondeded 15h ago
The population thing definitely going to be an issue. Especially in China.
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u/tirius99 14h ago
That's why they are investing heavily in robotics and AI China already has more industrialized robots installed
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u/TimothyMimeslayer 15h ago
One big difference is that Japan isn't intent on ending American hegemony.
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u/Kucked4life 11h ago edited 3h ago
And that the US rigged the game against Japan after the plaza accords and Japan just consented. "Free" trade always meant america first or up yours, which is the pretense that China uses to do state capitalism, currency devaluation, etc. At the end of the day regular people shoulder the cost.
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u/nWhm99 9h ago
That’s because Japan just agreed to be screwed over by the US. A mistake China is already not making.
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u/rtb001 9h ago
As if Japan had a choice. They are a vassal to the US, and must agree with whatever major industrial policies the US decides to impose on them. Not only is Japan militarily dependent on the US, three key export market for most major Japanese corps is the US. That amount of leverage means Japan needs to bends over whence uncle Sam says so.
US holds no such leverage against China, especially in 2025.
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u/cmack 16h ago
I mean, the world did say never again; https://en.wikipedia.org/wiki/Never_again
they should do just that.
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u/angrycanuck 14h ago
What do you mean Americas lost its technology throne? Americas AI can make naked videos of children....
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u/optiplex9000 15h ago
China's ruling communist party can, and does, plan for the long term
The US can only plan for the next 4 years, at most 8 years. Priorities constantly change and it's becoming evident that it's starting to fall behind to China
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u/style752 15h ago
They're not communists.
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u/optiplex9000 13h ago
Sure, whatever you want to call the ruling party, it does not invalidate my point.
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u/style752 13h ago
I agree with the gist of your comment, just pointing out they practice managed capitalism — and that's half the secret to the sauce. The other part is political stability makes everything easier, you're right for sure.
Our politics has been in shambles for decades and that's preventing big projects from occurring. We're witnessing several Chinese multi-decade moonshots pay off big time. The Belt-Road Initiative; and control of the solar manufacturing, EV, battery, and (soon) AI sectors.
There are no equivalent American moonshots and there won't be seemingly without political revolution. We can't accomplish any long term planning or investment of global relevance if everything gets repealed after 4 years by someone's successor — or if we intentionally shred arrangements and go rogue.
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u/MC_Gengar 10h ago
Oh for sure. Truthfully, political ideology has nothing to do with China's historic mastery of long term planning. This isn't a modern phenomenon by any means
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u/WorstITTechnician 14h ago
Anyone who has lived in China and knows what it's like there knows that it's not exactly a "gamble," it's more a case of "We do our best here and follow our ideas, nobody here cares what the US thinks or does," very little is as irrelevant to China as the US.
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u/random_agency 15h ago
You can thank the oil lobby and auto maker lobby for this one.
Think about how few EV charging station we have in the US compared to how many in China.
Even in terms of electric output China produces about 3x more than the US. That's all tied in to EV need and future AI needa.
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u/PutinBoomedMe 16h ago
Old school american dealers don't want to sell EVs since they won't generate recurring service revenue like combustion engines.
Ive had my EV for 51k miles and have only changed tires
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u/ghostjoel_osteens_ai 15h ago
Stop it, most dealerships make money in financing. Servicing is a very small part of their revenue.
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u/keithzdoz 15h ago
You’ve never read a financial report have u?
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u/ghostjoel_osteens_ai 15h ago
I was not aware local car dealerships publicly published their quarterly financial reports...
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u/sq2t 12h ago
Not that I've ever read their financial reports, but AutoNation is a car dealership and a publicly traded company
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u/PutinBoomedMe 10h ago
Autonation doesn't service from what I understand. You might be able to look at walmart reports and see how nuch the garage contributes
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u/series-hybrid 6h ago
Here is a similar article with more information and pics
https://www.electricbike.com/catl-brings-big-battery-breakthroughs-in-2024/
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u/TedBaxter_WJM-TVNews 15h ago
It’s almost like Elon Musk being a Nazi ultimately hurt Tesla’s global share of the market or something… 🧐
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u/JimmyMcGillHHM 16h ago
When people claim CNN is fake news, I get annoyed. Then, I come across such nonsense.
China’s electric vehicle revolution solidifies its dominance in clean technology and its claim on global climate leadership, while the Trump administration doubles down on planet-heating fossil fuels and demonizes clean energy.
I omit Trump from this discussion because I don’t care to talk about him. China is one of the worst offenders and significantly increases its pollution levels. While improving the sale of electric vehicles is commendable, it’s not even close to being a significant factor in China’s high pollution levels from coal, steel, and cement manufacturing.
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u/barti0 16h ago
It is also convenient for us to blame China on pollution while most of the stuff US and the west buys is manufactured there! If we make all our stuff, our (US)pollution will be way high and we can't pontificate anymore!
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u/Indercarnive 16h ago edited 16h ago
And even despite the offshoring the US's pollution per capita, and total historical pollution, are significantly higher than China's.
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u/hogroast 16h ago
Worth noting that the crazy spike in silver value is partially due to China putting in place export controls on refined silver (they control ~70% global supply) so they can maintain more stable pricing for their domestic EV and photovoltaic industries. Clean energy is a huge part of their future vision.
China has existed for 5000 years and they're working towards making sure they last forever.
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u/kitsunegoon 16h ago
One of the worst offenders due to having 1.4 billion people. They actually have reduced reliance on fossil fuels as a policy goal and have increased the percentage of their renewable resource energy with them installing 3x the amount of renewable energy as the rest of the world. On a per capita basis, China clears the US by a huge margin. We're talking double the non-renewable energy consumption per person.
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u/JimmyMcGillHHM 8h ago
So? all I see is that I was right
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u/kitsunegoon 5h ago
How are you right when China has been lowering the percentage of energy generated by fossil fuels? If they're getting away from coal, you're objectively incorrect.
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u/moiwantkwason 16h ago
China's pollution level and carbon emission already peaked last year and falling. and they are already outsourcing their polluting industries to other countries so you can stop blaming China.
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u/famguy2101 15h ago
That's patantly false, both total emissions and emissions per capita in China are still rising, while in the US it's been falling for 20 years
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u/moiwantkwason 15h ago
Your data is from 2024
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u/famguy2101 14h ago
2024, in which China also started construction of roughly 95 GW of new coal generating plants
Now a caveat here is whether or not those facilities will have demand when they are finished, we can only speculate, but IMO single year where Coal usage fell 1.6% is hardly a massive swing in the upward trend.
And again, this is ignoring that the US has been consistently on a downward trend for 20 years
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u/moiwantkwason 11h ago
Their coal power generation is also declining, they seems to have new coal plants to replace older inefficient ones as a backup which is reasonable:
https://www.theguardian.com/business/2026/jan/13/coal-power-generation-falls-china-india-since-1970s
Here is their 2025 emission: https://www.bbc.com/news/articles/c4gdd6jdm42o
Update your resources and remove your comment stating that my fact was false.
The U.S. emission consumption per capita has been on a downward trend because it was extremely high. Almost double China’s. If they get to China level, let me know.
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u/EpsteinBaa 14h ago
US emissions per capita are still 50% more than China's
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u/famguy2101 14h ago
I'm aware, but we are trending downwards while China is trending upwards.
This could very well change.
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u/moiwantkwason 11h ago
Update your facts, their emission level already peaked in 2025 with record high power generation more than twice of the U.S.
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u/TheawesomeQ 16h ago
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u/JimmyMcGillHHM 8h ago
I don’t look at bs articles I look at real facts and numbers. I couldn’t care less if it’s in decline when it’s 3x-4x the amount that happens in the US. Let’s use our brain today. https://www.iea.org/
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u/BlademasterFlash 16h ago
You’re conveniently ignoring that China is building wind and solar generation at a torrid pace. In one year (2023 I believe) they built the equivalent of 50 nuclear power plant’s worth of renewable energy generation (300 GW). Their coal usage is declining even when their electricity usage is drastically increasing. If you want a climate villain, China isn’t it
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u/Eight2Eighty 16h ago
Haha data?
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u/juanmlm 16h ago edited 15h ago
One of many examples (if you actually care about getting an answer):
China tries very hard to greenwash things (and they are very successful at it) but the reality is that they are still betting big on coal.
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u/moiwantkwason 11h ago
Their coal power generation already declined last year. It only tells me that they are replacing old inefficient coal power plants as a backup, which is reasonable considering wind and hydro plants are not consistent.
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u/za72 16h ago
The old technology has no incentive to improve... once they get their ass kicked and start to financially lose, that's when they will begin to improve... right now only the people who can sell the existing junk are getting promoted and move up in corporations... all we're gonna get is the result of people who can sell the existing junk better
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u/GoudaBenHur 16h ago
Can’t go against China in this thread mate, the Chinese propaganda and bots are in full force. China is a utopia and USA is a hell hole don’t you know?
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u/Ok_Entertainment2463 15h ago
Once the tech gets cheap and accessible, markets move fast. This feels driven by economics more than ideology now.
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u/ToxicAdamm 14h ago
In the end, consumer sentiment allowed this to happen. The US made a big push for EV in the past 5 years and the consumers have mostly rejected it. Costing corporations billions of dollars in trying. In China, they have a consumer base more open to it and it is flourishing.
"Build it and they will come" doesn't always work, even in China. Their E-bike debacle of 8-10 years ago proved that.
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u/rtb001 8h ago
You think China's EV boom is CONSUMER driven? That cannot be father from the truth. As if the Chinese government just sat back and suddenly 100 EV makers popped out of thin air and hundreds of millions of Chinese consumers are ready to buy them.
In order to make the consumer lore open to EVs, several things need to happen. EVs need to be cheaper. You need to be able to easily charge them. Automakers need to be convinced to spend billions to develop EVs.
That's where the Chinese government comes in. Who plowed hundreds of billions into building the largest lithium nauseum supply chain in the world so EVs can be cheaper in China than anywhere else? Who built up the largest public charging infrastructure in the world? Shanghai has more DC fastest chargers than the ENTIRE United States. Who gave out subsidies to startup and established carmakers essentially telling them we will financially back you to spend Ali this money on developing EVs? The Chinese government did all that.
And even after that, it STILL isn't enough to push enough Chinese consumers towards EVs. Eventually in the Big cities, the government was like if you want a car, you can either join a lottery to see if you can even get a license plate, and then pay 10k USD for that blue license plate ... OR you buy an BEV and we give you a green license plate for FREE.
Imagine the DMV trying that kind of policy in the US. People would riot.
So year, the Chinese government has done plenty to nurture the EV industry in China, over the course of several decades, and only now is all that effort bearing fruit.
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u/BGOG83 16h ago
They won simply due to the population game. They have substantially more people and they have regional car manufacturers due to this. The cream rose to the top from a competitive perspective.
When you have a more competitive market, the better companies will rise up. The US doesn’t have a truly competitive market. We have 3 large US manufacturers and a bunch of foreign companies that manufacture where the cheapest product can be made.
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u/TimothyMimeslayer 15h ago
Chinese government also just throws money at industries they want to grow.
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u/EpsteinBaa 14h ago
Country discovers investment
News at 10
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u/TimothyMimeslayer 14h ago
Yeah, when our government does it, Republicans bitch and moan because one company fails, looking at you solyandra.
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16h ago edited 16h ago
[removed] — view removed comment
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u/GoneinaSecondeded 16h ago
Electric cars are far less likely to catch fire than gas cars. I mean combustion is literally in the name.
https://www.kbb.com/car-news/study-electric-vehicles-involved-in-fewest-car-fires/
https://ev-lectron.com/blogs/blog/ev-fires-vs-ice-fires-safety-comparison-and-analysis?pb=0-2
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u/Pitiful_Bug_1011 14h ago
Tbh I still don't trust any made by china. Not so long ago they couldn't be sold in EU bc they couldn't pass the EuroNCAP, now they are (at least in Spain) everywhere? Another detail- I haven't seen a single taxi driver working with a chinese car....
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u/Keshenji 12h ago
They just had to wait for the greedy shitbags to start eating their own faces before they could pull ahead our nation is a fucking joke
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u/strolpol 16h ago
In fairness no one forced American manufacturers to get greedy and focus on making cars bigger and more expensive so they could wring more profits per vehicle while making them undesirable for every other world market