China’s Tesla-beating EV maker BYD has carmakers around the world ‘in a state of shock’ over its prices
jabjoe @ jabjoe @feddit.uk Posts 2Comments 903Joined 2 yr. ago

jabjoe @ jabjoe @feddit.uk
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It can be all that, and subsidize. Some of it is a form of subsidizing. I'd say big picture subsidizing for the environment is ok. The raw market is prone to anti-competitive practices, catch 22, tragedy of the commons, etc. You want the unseen hand and some planning. A mixed economy. Which is what we all have in some form, outside of lawlessness of failed states, where drug/war lords rise and set their own laws/regulations anyway.