It drives me nuts to see people gushing over how cheap these things and how we should just go all in on chinese evs when we've seen how this story plays out over and over again.
Flood the market with cheap competition, kill the established players that cant compete on price, and then once the market is cornered raise the price. Rebuilding infrastructure for factories and parts is very very expensive and requires retraining people and is very hard. Once theyre gone it wont come back.
Yes the china redscare is often used as a boogie man used by conservatives but in this case it's just cold hard business.
