this post was submitted on 10 May 2024
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Biden really, really doesn’t want China to flood the US with cheap EVs (www.theverge.com)
submitted 7 months ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 7 months ago* (last edited 7 months ago)

Are they still doing the EV credit thing?

Subsidy definitely helps, but those Chinese car manufacturers are able to squeeze their parts suppliers hard, so they're able to sell their cars cheaper even without subsidy. For example, their gasoline cars are about half the price of comparable Japanese models, even with engines sourced from GM/Ford.