Some good information on Chinese state subsidies here. I also agree that European car makers have shot themselves in the foot by refusing to innovate and attempting to squeeze their customers.
It is not surprising that the EU and USA have moved to protect their car industries. China bet big on EVs, recognising their strategic oil weakness. The EU seemed oblivious to their own strategic weakness here while they pandered to the interests of big oil.
China deserves to win this one as they have played a great game while the rest of the world messed up.
So I “did my own research” as you suggested. BYD received more than all US car makers combined from the government. I’m not going to bother looking at European brands since I’m sure they are a lot less
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Pull up the details of how much money did specific brands receive from the state before saying that.
After the fucking heating seats subscriptions they deserve to fall.
https://www.intereconomics.eu/contents/year/2024/number/4/article/eu-concerns-about-chinese-subsidies-what-the-evidence-suggests.html
Some good information on Chinese state subsidies here. I also agree that European car makers have shot themselves in the foot by refusing to innovate and attempting to squeeze their customers.
It is not surprising that the EU and USA have moved to protect their car industries. China bet big on EVs, recognising their strategic oil weakness. The EU seemed oblivious to their own strategic weakness here while they pandered to the interests of big oil.
China deserves to win this one as they have played a great game while the rest of the world messed up.
So I “did my own research” as you suggested. BYD received more than all US car makers combined from the government. I’m not going to bother looking at European brands since I’m sure they are a lot less