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That 2.8B is nothing compared to what China is likely doing. That's just the way China operates when it's about anything it considers strategic. We probably w
by vardump 2y ago
That 2.8B is nothing compared to what China is likely doing.
That's just the way China operates when it's about anything it considers strategic.
We probably won't ever know the whole extent this is happening.
Here's one study that claims BYD has received 3.4B: https://www.bloomberg.com/news/articles/2024-04-10/byd-got-3-4-billion-chinese-aid-to-dominate-evs-study-says https://www.bloomberg.com/news/articles/2024-04-10/byd-got-3...
- sschueller 2y agoThat 3.4B China gave is also nothing compared to the 100% tariff on EVs that the US has levied on China made cars. That's just the way the US operates when it's about anything it considers strategic.