• 30 Posts
  • 397 Comments
Joined 2 years ago
cake
Cake day: July 5th, 2023

help-circle



















  • If the manufacturers we have here don’t want to make EVs, we have no EV manufacturing jobs to protect. Unless we’re planning to live on ICE vehicles into the climate crisis, we have to get a source of EVs. The options are import and FDI (foreign direct investment (build factories here)). FDI is probably preferable since it gives us the ability to make the vehicles we use. If we go for import, we probably want the cheapest possible deal that fits the bill, unless we want to pay extra for a good reason. E.g. we may want to buy European. Of course we have to ask whether that’s worth the cost given that they source some of their components from China. I think some European autos are planning to use Chinese platforms for their vehicles. At that point it may or may not make sense to pay the premium. That differs from maker to maker. E.g. Renault’s latest EVs seem EU-made. More broadly, the less in corporate profits we pay for our EVs, the more money are left in our pockets to spend on other Canadians. The cheaper the EVs, the less the cost of Canadian businesses using them is and the more competitive they are.