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Comment Re:It's not going to crash (Score 1) 83

Are you fucking kidding?

Tell me this: which government has actually funded bailouts of car companies repeatedly over the past 40 years: the Chinese or the US? The Chinese government has been clear for years that it wants a thriving EV sector and that requires consolidation in the coming years.

The projection is just off the charts.

It is the *US* auto industry that has been propped up forever by the US government, including fighting literal wars to keep the gas flowing.

Comment Re:Wishful Thinking (Score 1) 83

This is absolutely spot on. It's a shitty take from the Atlantic on a story that has been around for at least five years: the aggressive competition of the Chinese EV market, which is going to see some company failures in the years ahead. As opposed to the American way of bail outs. The notion that there is falling demand for Chinese EVs is absolutely a little lullaby that complacent US rich guys like to sing to themselves, but it bears no resemblance to the truth.

Comment Re:Are people this ignorant of basic online securi (Score 1) 45

Fortunately there is an easy fix. Education.

If education was an easy fix, we'd have an educated populace and ClickFix wouldn't be a problem.

The fact is, we live in eternal September. No matter how many people we educate, there's a unending firehose of exploitable n00bs arriving to replace them.

Comment Problem: too many manufacturers (Score 1) 83

I think the Chinese government needs to severely cull the number of EV manufacturers down to four at most: BYD, SAIC, Geely Group and Chery. And give them unlimited resources to make their EV's truly world-class vehicles that comply even with the US Federal Motor Vehicle Safety Standards.

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