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You say this as if there's single large auto maker that's not subsidized to death. Here's $841m from Japanese government to Toyota in 2023: https://www.reuters
by oefrha 2y ago
You say this as if there's single large auto maker that's not subsidized to death.
Here's $841m from Japanese government to Toyota in 2023: https://www.reuters.com/business/autos-transportation/japan-give-toyota-854-mln-support-domestic-ev-battery-output-nikkei-2023-06-15/ https://www.reuters.com/business/autos-transportation/japan-...
Here's $20k+ from Japanese government for each hydrogen vehicle sold, announced in 2014 (Toyota was the sole beneficiary, their FCV wasn't even launched at that point): https://www.reuters.com/article/business/japan-readies-fuel-cell-subsidies-in-bet-on-toyotas-next-big-thing-idUSKBN0FS194/ https://www.reuters.com/article/business/japan-readies-fuel-...
Here's Subsidy Tracker listing more than $2B to Toyota from the U.S.: https://subsidytracker.goodjobsfirst.org/parent/toyota https://subsidytracker.goodjobsfirst.org/parent/toyota
Here's Japanese government announcing $20B subsidies for clean hydrogen production over the next 15 years: https://asia.nikkei.com/Business/Energy/Japan-to-spur-clean-hydrogen-production-with-20bn-in-subsidies https://asia.nikkei.com/Business/Energy/Japan-to-spur-clean-...
That's just what I gathered from three minutes' Googling. Feel free to look at Tesla, GM, Ford etc. on Subsidy Tracker. Then search for subsidies to German auto makers.
Stop falling for this "they subsidize their businesses!!!" geopolitical nonsense.