The automotive industry is one of the most subsidized industries in the west both directly and indirectly, and that is when you don’t account for the massive ba

The automotive industry is one of the most subsidized industries in the west both directly and indirectly, and that is when you don’t account for the massive bailouts that happen every decade or so. I have also yet to see anything of substance that compares subsidies between the US, Europe and China. All I know is that the VW ID.3 which starts at €40,000 here in Europe can be had as cheap as $16,000 in China. The prices of new cars whether they are EV or ICE at least in Europe was been inflating well past inflation over the past 10 years or so. Base trims are getting harder and harder to the point of near impossible to find at dealerships and the cost of basic addons has inflated to the point in which the most economical buy tends to be the top of 2nd to top trim level which is usually now 25-30% more expensive than the base price.