geneva_convenience@lemmy.ml to Technology@lemmy.ml · 3 months agoEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.comexternal-linkmessage-square90fedilinkarrow-up1155arrow-down13
arrow-up1152arrow-down1external-linkEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.comgeneva_convenience@lemmy.ml to Technology@lemmy.ml · 3 months agomessage-square90fedilink
minus-squaregomp@lemmy.mllinkfedilinkarrow-up5arrow-down5·edit-23 months agohttps://en.wikipedia.org/wiki/Dumping_(pricing_policy) (it’s not limited to EVs)
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mllinkfedilinkarrow-up5arrow-down3·3 months agoDumping is when you sell things below cost to drive competition out and then jack up the price once you achieve a monopoly. What’s happening here is that China simply produces things much cheaper than the Europeans. It’s not limited to EVs.
https://en.wikipedia.org/wiki/Dumping_(pricing_policy) (it’s not limited to EVs)
Dumping is when you sell things below cost to drive competition out and then jack up the price once you achieve a monopoly. What’s happening here is that China simply produces things much cheaper than the Europeans. It’s not limited to EVs.