@geneva_convenience@lemmy.ml to Technology@lemmy.ml • 1 day agoEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.comexternal-linkmessage-square76fedilinkarrow-up1119
arrow-up1119external-linkEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.com@geneva_convenience@lemmy.ml to Technology@lemmy.ml • 1 day agomessage-square76fedilink
minus-square@gomp@lemmy.mllinkfedilink2•edit-27 hours agohttps://en.wikipedia.org/wiki/Dumping_(pricing_policy) (it’s not limited to EVs)
minus-square☆ Yσɠƚԋσʂ ☆linkfedilink3•3 hours 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.