| ▲ | legitster 6 hours ago | |||||||||||||||||||||||||
But I mean, they are. The Chinese government is effectively giving all manufacturers 0% financing and raw materials at cost. And even still, BYD executives have come out and said their pricing is not sustainable. The Chinese market is engaging in a massive price war and BYD's strategy is to entrench themselves in new markets with "aggressive" introductory pricing campaigns. | ||||||||||||||||||||||||||
| ▲ | bryanlarsen 2 hours ago | parent | next [-] | |||||||||||||||||||||||||
The Europeans did a survey and pegged the value of BYD's government support at 17%. I trust that number as an upper limit because the European government would have had lots of incentive to be thorough and to err on the side of over estimating. | ||||||||||||||||||||||||||
| ▲ | Taniwha 5 hours ago | parent | prev [-] | |||||||||||||||||||||||||
So essentially the same thing the AI companies are doing | ||||||||||||||||||||||||||
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