this post was submitted on 11 May 2024
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Automotive Industry
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Rather than fixing the economy issues at home, we create more barriers to entry for affordable EV's domestically. Fucking dinosaurs rich off dinosaur remains ruining the planet for our children.
The US automotive industry already isn't competitive abroad. This is only going to make it worse. Meanwhile the investors reap monopoly profits while the consumers pay the price. (And yes I know it's technically an oligopoly.)
American cars are incredibly popular in Europe.
https://www.auto-motor-und-sport.de/verkehr/eu-neuzulassungen-dezember-2022-gesamtjahr/
Yeah, Americans are absolutely dominating in Europe.