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1. maxglu+(OP)[view] [source] 2024-08-11 18:11:58
The end game for many is to go out of business, get bought up by competitors and consolidate like _intended_ outcome of other PRC industrial policy. Set up competitive enviroment to force producers speed run to a $250 model-T while everyone else could only make cars for $1000. The entire point is to have so much competition to force manufactures to improve processes/drive down prices/affordability in short time and then settle with a few large but sustainable survivors that are globally competitive / can compete with western incumbants. Entire EV stack also interesting in that it sells EV piles, other electricity infra. Eventual autonomous driving = large network sensor fusion = cheap EVS with lots of sensors can push PRC telco/surveillance hardware, semi/data etc etc. Lot's of high value industiries, also dual use, and we can extrapolate where that could go.
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