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by starbugs
895 days ago
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> Somehow they ended up being more expensive, unless we're talking about Chinese brands The Chinese brands' pricing seems to be at least in part due to subsidies: https://www.reuters.com/world/europe/eu-launches-anti-subsid... At least that's what the EU says. > But why not knock on them? I would agree that the discussion on EVs is a bit misguided in general. It always is EVs or ICE cars and EVs must be the winner otherwise you are "confused" or "out of your mind". In reality, both can coexist and have a place for what they are really good at. |
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> The anti-subsidy investigation covers battery-powered cars from China, so also includes non-Chinese brands made there, such as Tesla (TSLA.O), Renault (RENA.PA) and BMW (BMWG.DE). It is also unusual in that it is brought by the European Commission itself, rather than in response to an industry complaint.
This does seem like more of a political play rather than China actually trying to flood western markets, especially considering that western EV producers are also being subsidized and that the Chinese domestic market is sufficiently large by itself.