They’re for-profit companies and so far pretty successful without direct subsidies. EU countries usually have subsidies for purchasing EVs (regardless of manufacturer) rather than subsidizing the manufacturers directly - this leaves the consumers more choice and has a similar or maybe even better effect on EV adoption. On the climate side of things as well as public health and equal opportunities for people, transit investments would be better than outright paying BMW and Mercedes to make their EVs cheaper. China, however, doesn’t just want EV adoption on their own roads, China wants THEIR EVs specifically to dominate the world. Usually this is seen as unfair, regardless of industry, and is one of the few valid reasons for tariffs in an otherwise free global market.
The funny thing is, if the Chinese subsidize their EVs and the EU tariffs them, the tariff money could then be spent on EV subsidies - bringing all the different manufacturers to equal ground again.
i guess there is a lot of ways to subsidize something. for example, if you want your local EV company to produce cheaper EVs, you could also subsidize public housing sothat rent is cheaper, sothat workers have cheaper rent and don’t need to ask for such high wages to cover the cost of living.
They’re for-profit companies and so far pretty successful without direct subsidies. EU countries usually have subsidies for purchasing EVs (regardless of manufacturer) rather than subsidizing the manufacturers directly - this leaves the consumers more choice and has a similar or maybe even better effect on EV adoption. On the climate side of things as well as public health and equal opportunities for people, transit investments would be better than outright paying BMW and Mercedes to make their EVs cheaper. China, however, doesn’t just want EV adoption on their own roads, China wants THEIR EVs specifically to dominate the world. Usually this is seen as unfair, regardless of industry, and is one of the few valid reasons for tariffs in an otherwise free global market.
The funny thing is, if the Chinese subsidize their EVs and the EU tariffs them, the tariff money could then be spent on EV subsidies - bringing all the different manufacturers to equal ground again.
yeah this makes sense to me
i guess there is a lot of ways to subsidize something. for example, if you want your local EV company to produce cheaper EVs, you could also subsidize public housing sothat rent is cheaper, sothat workers have cheaper rent and don’t need to ask for such high wages to cover the cost of living.