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Car industry crisis: Automobile workers don't believe taxing Chinese EVs is the solution
(www.euronews.com)
this post was submitted on 20 Oct 2024
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I am wondering what the European automobile workers say about the slave-like working conditions of their peers in Xinjiang? The low prices of Chinese EVs are to a large extent possible because of such cheap forced labour, we must not forget that.
Also state subsidies.
Also not extracting profits for the shareholders (for now).
European cars could be much less expensive if the car makers weren't required to make profits for their owners above all else.
Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.
Well, the EU determined otherwise
I wrote, "Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights."
What has that to do with the EU?
It means that an organisation with more resources and presumably more competent experts than you have come to conclusions which differ from yours