this post was submitted on 18 Jul 2026
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Mildly Interesting

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[–] Tiral@lemmy.world 0 points 2 days ago (3 children)

And China subsidizes over 50% of every EV that is exported. It's called economic warfare, dump a bunch of shit onto a market cheap and destroy everyone elses economy in that area. Chinese EVs aren't magically "cheap", they pay workers almost nothing and subsidize the rest.

[–] BananaLama@lemmy.ml 12 points 2 days ago

And American companies definitely don't take government hand outs left and right

[–] queermunist@lemmy.ml 11 points 2 days ago (2 children)

It's a good thing that China subsidizes EVs. We should be doing that too!

[–] Tollana1234567@lemmy.today 2 points 1 day ago* (last edited 1 day ago)

us, eu wont, because OIL countries funds the political parties , they wont give it up, they will die holding onto it.

[–] boonhet@sopuli.xyz 1 points 1 day ago (1 children)

We subsidize EV purchases in much of Europe, regardless of where they're made. That way there's no economic warfare, you're not pushing cheap product to drive competitors out of business.

The Chinese model is designed to kill off competition worldwide so they can eventually raise prices. They can afford to do it because unlike every other country with a manufacturing economy, they can use tax money to do whatever they want without worrying about re-election and also they are the world's most important trade partner. It's easier to stop trading with the US or EU than with China.

[–] queermunist@lemmy.ml 1 points 1 day ago* (last edited 1 day ago) (1 children)

People would vote for a government that gave them cheap electric cars. This has nothing to do with needing to win elections, it has to do with pleasing daddy US and daddy doesn't want the world to stop using oil. Europe is a US neocolony.

[–] boonhet@sopuli.xyz 1 points 1 day ago

Huh? You'd need to raise taxes pretty hard to be able to supply the entire world with cheap EVs. Most countries don't have that kind of tax base.

[–] SaveTheTuaHawk@lemmy.ca 7 points 2 days ago (1 children)

You got a source for those facts?

You saying the US government has not given Detroit $88B since 2008?

Is it possible to have a source for those facts? Is anything about that even information one can know? I was under the impression every major company in China had a relationship to the state of some kind, but how much?