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For reference, Chinese labor costs are 1/3 American, so that provides a ~ $2000 advantage. Europe's analysis of their subsidies pegs it at 17%. That's pretty
by bryanlarsen 2y ago
For reference, Chinese labor costs are 1/3 American, so that provides a ~ $2000 advantage. Europe's analysis of their subsidies pegs it at 17%.
That's pretty small compared to the price advantage they have. It helps, but it's quite clear they are doing a lot more than taking advantage of these differences .
- lotsofpulp 2y agoI assume producing the batteries is cheaper due to more lax environmental / labor laws.
- bryanlarsen 2y agoAFAICT its mostly the refining that's nasty. American batteries generally use lithium refined in China, so everybody gets that advantage.