Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”
He says he wants to avoid “a race to the bottom”. This is the most important part, it’s corporate-speak for “competition”.
This isn’t a warning that Chinese manufacturers are competing in the luxury car market. They’re creating affordable ones, and they’re going to eat everyone’s lunch because Western manufacturers want to literally avoid competition.
Lowering wages and reducing regulations is not required to compete, but willingness to manufacture affordable cars is.
It is if your competition is a nation that treats its workers like even bigger garbage than western companies do. They cannot go lower than China can.
I think you missed my point.
It’s okay, you’ve missed mine from the beginning.