alt Hacker NewsChinese EV companies are heavily subsidized by the Chinese government. These price comparisons to Tesla are good for generating catchy headlines but not useful without that context.
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For the Chinese customer it is not a headline, it is an actual price tag
Current Chinese EV subsidies are on the order of 10%.
PRC EVs are less subsidized per vehicle than US. The context is PRC subsidies structurally drive down manufacturing costs vs US subsidies remains largely sunk cost pork barrel job programs. An unsubsidized PRC car is still going to be significantly cheaper than a subsidized US car in same tier.
Why do I care for the context?
Chinese taxpayer subsidize a sector they find important, so what? Good for us consumers, especially the non Chinese ones that don't even get to see the bill in their taxes.
US automakers too have received plenty of subsidies, bailouts, tax credits, manufacturing credits, etc, etc.
https://subsidytracker.goodjobsfirst.org/parent/tesla-inc
https://www.lemonde.fr/en/economy/article/2025/02/27/elon-mu...
https://www.congress.gov/119/meeting/house/117956/documents/...