← Back to context

Comment by ak217

3 hours ago

Yeah, the subsidies for ICE production are indirect:

- repealing CAFE standards penalties (freeing manufacturers to externalize the costs of their pollution) - a more restrictive financing environment (no government guaranteed loans) for EV supply chain development, combined with

- consumer subsidies for domestically produced vehicles - but the domestic supply chain is not ready to support EVs without further investment

To their credit, they at least didn't yank all of the domestic battery manufacturing credits - though not for a lack of trying.