this post was submitted on 10 Jul 2025
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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers (www.nytimes.com)
submitted 1 week ago* (last edited 6 days ago) by Davriellelouna@lemmy.world to c/technology@lemmy.world
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[–] kemsat@lemmy.world 20 points 6 days ago (27 children)

Maybe the USA should heavily invest in the industry of the USA, just like China does, in order to keep up? No, then USian companies would have oversight & have to meet expectations, and we all know that they wouldn’t want that.

[–] SocialMediaRefugee@lemmy.world 11 points 6 days ago

That would require companies roll profits back into development and their employees instead of pocketing it all, schemes like stock buybacks and wall st traders.

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