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.
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