Comment by refurb
1 month ago
The Chinese cars makers are heavily government funded, with the goal of flooding markets.
It’s not hard to sell EVs when you’re losing money on each one.
1 month ago
The Chinese cars makers are heavily government funded, with the goal of flooding markets.
It’s not hard to sell EVs when you’re losing money on each one.
Can you provide links showing how much any of the companies is getting from the government?
https://www.electrive.com/2025/08/22/china-discloses-subsidi...
$230B is the number thrown around, but those are the direct subsidies. When suppliers are subsidized it gets hard to account for all of it.