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Electric vehicles are more heavily subsidized in China than America. 22% of new car sales in China are electric vs 1% in America. China also has a lot of tariff
by JDDunn9 3y ago
Electric vehicles are more heavily subsidized in China than America. 22% of new car sales in China are electric vs 1% in America. China also has a lot of tariffs and regulations preventing foreign competition.
- adventured 3y ago> 22% of new car sales in China are electric vs 1% in America Where are you getting 1% from? That's off by a drastic amount. "EV sales climb and are on track to be 9% of US new car purchases in 2023" "U.S. sales of hybrid, plug-in hybrid and battery-electric vehicles reached 17.7% of new light-duty vehicle sales in the third quarter" https://www.utilitydive.com/news/electric-vehicles-EVs-new-car-sales-2023/700799/ https://www.utilitydive.com/news/electric-vehicles-EVs-new-c... https://apnews.com/article/automakers-electric-vehicles-us-china-sales-d121c09a61f50e7357f5675af4b6056b https://apnews.com/article/automakers-electric-vehicles-us-c...