110
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla
(finance.yahoo.com)
this post was submitted on 20 Feb 2024
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Well frankly Western governments should also be subsidizing electric car production. If they actually want to move towards net zero, like they claim, it would be reasonable to expect them to actually do something to encourage greener technologies. Currently all they've done is said that they like it very much, and oh look let's build one or two wind farms.
They are, EU governments give incentives and tax reductions to all EVs. That way all benefit equally, disregarding where the car was made, but EU is NOT subsidizing manufacturers illegally.
USA also has anti competitive regulation like China, but in USA you only get the benefits for cars made in USA, on top of that EV cars from China have a steep tax added.
Of the 3 biggest markets in the world, only EU is playing fair. But all have EV incentives.
Even in Europe Chinese cars are more popular because they're affordable.
Also, electric cars such as Polestar (Volvo's EV brand, also Chinese these days) look much better than Tesla's.
Hard to not look better than a manufacturer with a self-centered facist at the top