Talking about Chinese subsidies without mentioning US subsidies is almost enough to make me discount the rest of your comment.
Anyone who mentions China's subsides without mentioning the US's $2.5B+ in EV subsidies is mostly likely ignorant and bluffing, or intentionally misleading you.
And don't even get me started on how it took $80B in AIFP subsidies to keep our auto industry from just dying completely ~16 years ago.
This "China subsidizes EVs" BS needs to end. Everyone subsidizes. The only meaningful questions are how much and to what end.
China subsidized startups which generates additional industries.
If anything you are proving the US doesn't understand research or science behind producing electric vehicles and simply funding EVs directly instead of associated organizations.
Given the current climate theres no way to explain it without sounding like a crazy person.
Unfortunately the U.S. chooses to subsidize consumption as opposed to production.
This fits well with the corporate donor driven political system where the government puts no pressure on the corporations on their production side allowing them to outsource their production to the rest of the world and instead focuses on growing the American market and consumer demand for them.
Chinese EV subsidies are almost identical to American EV subsidies. They both subsidize consumption, in the form of rebates and tax credits for end consumers.
One of the largest recipients of Chinese EV subsidies is ... (drumroll) ... Tesla, an American company.
people overplay the china subsidies. a lot of the time it is private companies slashing their prices on their own accord as a loss leader to compete with local competitors. also people overlook the "VC subsidies" allowing a lot of startups to defy economic reality until IPO slaps everyone in the face.
Just look at the US national debt and budget deficit. It's actually America that is destroying the rest of the world with their unlimited credit card.
How many countries can go so deeply into debt without lenders cutting them off?
Anyone who mentions China's subsides without mentioning the US's $2.5B+ in EV subsidies is mostly likely ignorant and bluffing, or intentionally misleading you.
And don't even get me started on how it took $80B in AIFP subsidies to keep our auto industry from just dying completely ~16 years ago.
This "China subsidizes EVs" BS needs to end. Everyone subsidizes. The only meaningful questions are how much and to what end.