President Trump's visit to China highlights a key tension for American decision makers: how to manage China’s growing prowess in sectors like the auto industry.
Chinese EVs are cheaper because the control the supply chain from mining to battery production. It has nothing to do with automation or cheaper labor, US plants are all automated. Chinese cars need to cost more for transport.
It is impossible to build lower cost cars in the US with healthcare costs, and Trump has only made that worse. US is the only country that ties healthcare to employment.
Mostly. Price is a complex problem. Cost is a floor factor and automation affects that somehow. It is hard to know when automation lower prices as this depends on relative labor costs which have been going up in China.
That China has terrible workers rights is a fact. That China also has a lot of automation is an unrelated fact that is also true.
Automation is unrelated to EV price?
Chinese EVs are cheaper because the control the supply chain from mining to battery production. It has nothing to do with automation or cheaper labor, US plants are all automated. Chinese cars need to cost more for transport.
It is impossible to build lower cost cars in the US with healthcare costs, and Trump has only made that worse. US is the only country that ties healthcare to employment.
Mostly. Price is a complex problem. Cost is a floor factor and automation affects that somehow. It is hard to know when automation lower prices as this depends on relative labor costs which have been going up in China.
Its unrelated to a conversation about the oil industry and lobbyists, obviously, yes.