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US EVs were "lightly" subsidized compared to what the Chinese govt has done. In the ballpark of 250 billion dollars by the Chinese vs maybe 10% of that by the U
by Rover222 4mo ago
US EVs were "lightly" subsidized compared to what the Chinese govt has done. In the ballpark of 250 billion dollars by the Chinese vs maybe 10% of that by the US.
- DiogenesKynikos 4mo agoNote that most of those subsidies are things like sales-tax exemptions for EVs and support for charging infrastructure in China. In other words, they're not subsidies for Chinese cars being exported abroad. They're not even directly paid to the manufacturers.
- Rover222 4mo agoFair point