schizoidman@lemmy.ml to [Dormant] Electric Vehicles@lemmy.worldEnglish · 8 months agoWhy a small China-made EV has global auto execs and politicians on edgewww.cnbc.comexternal-linkmessage-square23fedilinkarrow-up157arrow-down112
arrow-up145arrow-down1external-linkWhy a small China-made EV has global auto execs and politicians on edgewww.cnbc.comschizoidman@lemmy.ml to [Dormant] Electric Vehicles@lemmy.worldEnglish · 8 months agomessage-square23fedilink
minus-squaredai@lemmy.worldlinkfedilinkarrow-up3·8 months agoChinese companies see lots of funding from their government in specific fields. Same from any nation really, but don’t think the ticket price isn’t reduced from those subsidies / donations / how ever you want to paint it. I believe the EU are planning to tax Chinese made vehicles based on how much support they are receiving from their government. https://fortune.com/2024/03/07/eu-nears-hitting-chinese-evs-with-additional-tariffs/
Chinese companies see lots of funding from their government in specific fields.
Same from any nation really, but don’t think the ticket price isn’t reduced from those subsidies / donations / how ever you want to paint it.
I believe the EU are planning to tax Chinese made vehicles based on how much support they are receiving from their government.
https://fortune.com/2024/03/07/eu-nears-hitting-chinese-evs-with-additional-tariffs/