this post was submitted on 05 Mar 2025
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[–] eletes@sh.itjust.works 9 points 3 days ago (3 children)

I imagine China is subsidizing the R&D of their EVs while American car companies are trying to recoup those costs

[–] nednobbins@lemm.ee 7 points 3 days ago* (last edited 3 days ago) (1 children)

Every major country subsidizes R&D. That's what federal research grants are all about. The NSF, NIH, etc do exactly that.

Other US subsidies on EVs aren't specifically restricted to R&D but US companies could apply it to that, if they want.

edit: typo

[–] bountygiver@lemmy.ml 1 points 2 days ago

also many US companies are pocketing those subsidy money to pay the CEOs anyways.

[–] shawn1122@lemm.ee 3 points 3 days ago (1 children)

China has been subsidizing EVs since 2010.

[–] nednobbins@lemm.ee 2 points 3 days ago

Longer than that. China has been promoting battery technology as a strategic initiative since the 90's.

[–] dance_ninja@lemmy.world 2 points 3 days ago

Definitely related. EVs are relatively new technology and internal knowledge for engineering R&D, materials, and manufacturing infrastructure all have to be spun up. All this, and you need marketing/planning folks to decide on what sort of vehicle will sell the best against their engineering capabilities.