3 ms·
> A significant component of the price gap is indeed subsidy. It would be foolish to say otherwise. It's $4700 of a $9000 price gap and thats not nothing. The
by tzs 8mo ago
> A significant component of the price gap is indeed subsidy. It would be foolish to say otherwise. It's $4700 of a $9000 price gap and thats not nothing.
The article says the subsidies are 5% of $4700 [1].
[1] "The February 19 report found Chinese state subsidies account for just 5% of BYD’s $4,700 per-vehicle cost gap with Tesla, with scale, cheaper talent, and in-house manufacturing making up the rest"
- ggm 8mo agoYou're right. I misread the article and thought the $4700 was the subsidy. My reason was that back in 2010 era Australia the per car subsidy from the Australian government was around $2000 to $5000 and I assumed this was at scale. (We don't have a car manufacturing sector any more. After the subsidy ended Ford and GM (holden) stopped manufacturing in the country)