Vladimir Putin remarked during his visit in China that their electric vehicles are superior to American electric vehicles. He also noted how the trade restrictions on China’s EVs imposed by the United States have been due to the fact that the Chinese are simply producing a superior product.
RT:
US authorities have imposed tariffs on Chinese-made electric vehicles (EVs) because they have become better, Russian President Vladimir Putin has told a press conference in the city of Harbin during his two-day trip to China.
Putin suggested that Washington wanted to prevent strong competitors from entering the American market, and described the US approach as “unfair competition.”
“Unfortunately, the way the world works today, sometimes situations arise related to unfair competition. This is how the Americans recently imposed tariffs on Chinese electric transport, on electric cars,” he said.
“Why? Because Chinese cars have gotten better.”
As soon as another country emerges as a manufacturing power and becomes more competitive, it is suppressed in the US and in the EU alike, Putin claimed.
I personally hate EVs and believe they are just over glorified homosexual golf carts, but it is obviously true that the Chinese EVs are better than the overpriced garbage Tesla and other American automakers are churning out.
The BYD Seagull EV can be purchased for around $10,000.
BYD's sub-$10,000 Seagull EV is stoking fears among the U.S. auto industry.
One organization said the introduction of cheap, Chinese EVs to the U.S. market could "end up being an extinction-level event for the U.S. auto sector"https://t.co/SBxIqIUYqL by @zacharyvisconti
— TESLARATI (@Teslarati) March 24, 2024
American Tesla got 10x as much government subsidies as Chinese BYD did.
So, how come #China still rules the EV sector?
Beijing makes sure that Chinese companies spend the subsidies on R&D, while US companies use the money for CEO compensation, stock buybacks, and dividends. pic.twitter.com/B1jxmfWPpG
— S.L. Kanthan (@Kanthan2030) May 17, 2024
It is no wonder why Tesla cars are piling up around mall parking lots around America.