China spending 1/20 of what the US does to subsidize cars isn’t relevant? Sure thing buddy.
The whole point of all of these “china is only dominating in EV sales due to subsidies” comments is to throw shade on China’s impressive progress in clean tech. A contrast of their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
I believe main goal of China investing in green tech is to show middle finger to oil and gas producers. China has virtually none of both oil and gas and so is reliant on import. With mostly green cars and electricity from water, sun and wind, they will have much, much better leverage in global say.
China spending 1/20 of what the US does to subsidize cars isn’t relevant? Sure thing buddy.
The whole point of all of these “china is only dominating in EV sales due to subsidies” comments is to throw shade on China’s impressive progress in clean tech. A contrast of their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
I believe main goal of China investing in green tech is to show middle finger to oil and gas producers. China has virtually none of both oil and gas and so is reliant on import. With mostly green cars and electricity from water, sun and wind, they will have much, much better leverage in global say.
US fossil fuel subsidies are relevant to China dominating the electric vehicle market in Europe? Sure thing buddy.