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The Chinese cars makers are heavily government funded, with the goal of flooding markets. It’s not hard to sell EVs when you’re losing money on each one.
by refurb 10mo ago
The Chinese cars makers are heavily government funded, with the goal of flooding markets.
It’s not hard to sell EVs when you’re losing money on each one.
- overfeed 10mo agoCan you provide links showing how much any of the companies is getting from the government?
- refurb 9mo agohttps://www.electrive.com/2025/08/22/china-discloses-subsidies-for-ev-manufacturers/ https://www.electrive.com/2025/08/22/china-discloses-subsidi... $230B is the number thrown around, but those are the direct subsidies. When suppliers are subsidized it gets hard to account for all of it.