this post was submitted on 10 Sep 2025
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Electric Vehicles
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Penny wise and pound foolish (and all that). The goal of Chinese subsidies is to put competition out of business so that they become the sole supplier.
Also you should ask Ukrainians how they feel about the money you send to China being used to prop up Russia.
You should ask Canadians how they feel about the money we send to the USA to prop up Russia.
If the Chinese government is truly subsidizing EVs to the point they aren’t otherwise profitable, they are LOSING money, not earning it.