4 ms·
> Tariffs will be needed by countries that refuse to create state backed companies Which countries are those? All western car manufacturers are backed by the s
by gooosle 2y ago
> Tariffs will be needed by countries that refuse to create state backed companies
Which countries are those? All western car manufacturers are backed by the state as far as I'm aware.
- esperent 2y ago> All western car manufacturers are backed by the state As far as I can tell, this is entirely incorrect when it comes to European car companies. In the US, beside bailing out GM in the 2008 crash, they do give government loans to some car companies. But I don't agree that giving loans that equates to being "backed by the state".
- asadotzler 2y agoGiving massive subsidies to consumers to purchase said EVs does make them state-backed, however.
- esperent 2y agoIn Europe at least, the subsidies are for any electric car, not just European made cars.
- croes 2y agoBacked by politics not necessarily subsidies. Do you think the German state of Lower Saxony would hurt its 20% shares of Volkswagen? Or what about the exemptions for power costs for high usage companies? Maybe not car manufacturer specific but still a kind of subsidy. Every country does more or less obvious.