• SaveTheTuaHawk@lemmy.ca
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    8 hours ago

    Chinese EVs get manufacturing subsidies

    US federal government spent $85B on US automakers since 2008. State governments more billions. Where’s the cheap cars?

    • boonhet@sopuli.xyz
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      6 hours ago

      The US isn’t paying for every car manufactured. The Chinese government has also spent tens of billions in R&D grants and such, we’re not even talking about that, we’re talking about the simple fact here that if I buy a Chinese EV, China is essentially paying me to do it (or rather, paying their manufacturers to build them), PER car. Not some lump sump investment into their manufacturing years ago.

      The US isn’t paying their manufacturers every time a new EV rolls off the line destined for another country.