Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Sunshine

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Xiaomi loses 900 USD for every car sold in the first quarter (carnewschina.com)

submitted 1 week ago by Sunshine to c/[email protected]

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[–] humanspiral 2 points 1 week ago (1 children)

They sell everything in China, afaik. In Trump 1.0 economy, there was a huge number of unicorn startups (Wework, Doordash, Uber) that lost money. Many of them are profitable today. That practice is good for economy in that equity investors are subsidizing consumer value.

Bottom line is that dumping is a political attack against abundance. Disruption usually requires a marketing effort to ramp up scale, and it would be unreasonable to force price increases on any company losing money, when they would not lose money if their sales volume was higher.

[–] [email protected] 2 points 1 week ago

That practice is good for economy in that equity investors are subsidizing consumer value.

Ignoring all side effects of what gets destroyed by unsustainable price.

Costs exceeding revenue altogether is not the same problem as losing money per sale. This headline is simply bullshit.