Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(TechStartUps)   Just as the Chinese dumped millions of ride-share bicycles a few years ago, there are now graveyards of ride-share cars rotting in the fields   (techstartups.com) divider line
    More: Strange, Automobile, Panda Auto, automaker Lifan Group, parent company Lifan, Internal combustion engine, Vehicle, debt crisis, February of this year  
•       •       •

1335 clicks; posted to Business » on 14 Jun 2021 at 8:50 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



10 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-06-14 9:08:47 PM  
It's like a physical manifestation of cryptocurrency
 
2021-06-14 9:33:27 PM  
I wonder how this is going to affect BMW when they lose those licensing fees.
 
2021-06-14 9:51:00 PM  

b2theory: It's like a physical manifestation of cryptocurrency


Engine block chain?
 
2021-06-14 10:35:56 PM  
Disruption. Someone who did not understand how the world works was given huge amounts of money to create chaos.

Because that is how capitalism works. Riiiiiiiiiiight?

Because cab companies just don't know what they are doing. Automotive manufacturers are just greedy and puppets of big oil. Restaurants could profit so much from putting their product in paper bags and giving them to Braden on his bicycle.

The Optigrab, ladies and gentlemen. Live long enough, and every Steve Martin gag will become reality.
 
2021-06-14 10:54:12 PM  

2fardownthread: Disruption. Someone who did not understand how the world works was given huge amounts of money to create chaos.

Because that is how capitalism works. Riiiiiiiiiiight?

Because cab companies just don't know what they are doing. Automotive manufacturers are just greedy and puppets of big oil. Restaurants could profit so much from putting their product in paper bags and giving them to Braden on his bicycle.

The Optigrab, ladies and gentlemen. Live long enough, and every Steve Martin gag will become reality.


You're blaming loose investment and capitalism for a failed company in mainland China? Really?
 
2021-06-15 12:04:15 AM  

Kiler: b2theory: It's like a physical manifestation of cryptocurrency

Engine block chain?



I was going to say that they could link all of the batteries together, charge them up, and then run a "green" mining operation.
 
2021-06-15 2:00:59 AM  

overzelus: 2fardownthread: Disruption. Someone who did not understand how the world works was given huge amounts of money to create chaos.

Because that is how capitalism works. Riiiiiiiiiiight?

Because cab companies just don't know what they are doing. Automotive manufacturers are just greedy and puppets of big oil. Restaurants could profit so much from putting their product in paper bags and giving them to Braden on his bicycle.

The Optigrab, ladies and gentlemen. Live long enough, and every Steve Martin gag will become reality.

You're blaming loose investment and capitalism for a failed company in mainland China? Really?


Uh. Yes.

Long answer, if you want to Google it, is that Panda has, since its inception in 1991, been called the largest foreign funded venture blablabla. Foreign capital. Foreign management. You can nibble around the edges and figure out how much influence the CCP has in it, but really...

Beyond that, does someone really need to explain that China is... well... let's say it is not really acting like a communist country as one might define that, and has not done so for quite some time. There might be some sectors, most notably coal, operating pretty much as they did in the 70s, but that is about it.

And more than that, I was being facetious. Not even Schumpeter would say that capitalism is all about chaos and disruption. This is a Silicon Valley notion that has produced various failures in the last decade, and I am trying to emphasize that.

So to summarize:

1. Disruption as a justification for business is dumb and it has produced bad outcomes.
2. That is not what capitalism is about, so we can't expect any of the benefits of capitalist behavior to accrue.
3. A properly regulated capitalist system can produce great taxi companies, great automakers, and great restaurants. No disruption necessary.
4. China "state capitalism" has had its ups and downs, and Panda would be a down. And Panda is probably a lot less Chinese than one would think.
 
2021-06-15 8:12:43 AM  
Send those car to the states and sell them cheap.  I'd spend $4,000 on a used EV to putter around on the weekends.
 
2021-06-15 11:25:19 AM  

Catlenfell: Send those car to the states and sell them cheap.  I'd spend $4,000 on a used EV to putter around on the weekends.


Probably does not meet US safety standards and so would be very expensive to import and might not be street legal, so not as much fun as they look.
 
2021-06-15 12:00:17 PM  

KarmicDisaster: Catlenfell: Send those car to the states and sell them cheap.  I'd spend $4,000 on a used EV to putter around on the weekends.

Probably does not meet US safety standards and so would be very expensive to import and might not be street legal, so not as much fun as they look.


You might be able to register them as low-speed vehicles if you can get them limited to 25 MPH.
 
Displayed 10 of 10 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.