this post was submitted on 23 Mar 2024
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[Dormant] Electric Vehicles

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[โ€“] dai@lemmy.world 3 points 7 months ago

Chinese companies see lots of funding from their government in specific fields.

Same from any nation really, but don't think the ticket price isn't reduced from those subsidies / donations / how ever you want to paint it.

I believe the EU are planning to tax Chinese made vehicles based on how much support they are receiving from their government.

https://fortune.com/2024/03/07/eu-nears-hitting-chinese-evs-with-additional-tariffs/