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rootusrootus
3 months ago
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Canada slashes 100% tariffs on Chinese EVs to 6%
Yes, BYD is tightly intertwined with the CCP and gets a lot of subsidies, grants, favorable loans, etc.
standardUser
3 months ago
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Yes, following an almost cookie-cutter-like pattern of emerging economies protecting and supporting their auto industries.
taneliv
3 months ago
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parent
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I feel like that is not specific to emerging economies.
rootusrootus
3 months ago
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Given their war manufacturing ability, I expect any govt to support the industry to some extent. I think that China is additionally doing it to strategically weaken their rivals. Both for economic as well as military objectives.
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