alt Hacker NewsThe CEO of Ford directly said if Chinese EVs are allowed into the US it will be the end of US auto manufacturing.
They know they are inferior, and choose not to compete, just lobby for more regulations to keep competitors out. Free market, haha.
The CEO of Ford directly said if Chinese EVs are allowed into the US it will be the end of US auto manufacturing.
They know they are inferior, and choose not to compete, just lobby for more regulations to keep competitors out. Free market, haha.
China is nowhere near “free market”. Their EV sector received more government subsidies in the last 15 years than the entire U.S. automobile market since inception. The total subsidies make up half of the market cap of their entire EV industry.
250 billion in EV subsidies from China. 10 billion by the U.S.