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Chinese cars are pouring into Mexico — and the U.S. is worried - Autoblog
(www.autoblog.com)
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this post was submitted on 16 Jun 2024
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Lmao there's a guy who usually posts a long response to these "subsidies" claims bullshit, but I think they got into a pissing match with a mod in the comments and got banned lmao.
Jist of it is: China's subsidies are negligible compared to the US, and what they've actually done is created a competitive domestic market with a large number of players. Unless you think Chinese people are all puppets, even if China (as a country) owns the industry it would not prevent internal competition that drives down prices. Moreover, China does not offer per-unit subsidies on export. In fact, Chinese EVs exported to Europe are something like 40% more expensive than domestically for the same model.