Comment on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
rainwall@piefed.social 20 hours agoYou should learn about US fossil fuel subsidies. The US alone pumps almost 800 billion/yr into subsidising the industry.
China tossing 40 Billions/yr into EV subsidies is basically pocket change comparatively.
Ulrich@feddit.org 20 hours ago
We are not having a pissing match over which country is worse, we are discussing why China is dominating the EV market.
rainwall@piefed.social 19 hours ago
China spending 1/20 of what the US does to subsidize cars isn't relevant? Sure thing buddy.
The whole point of all of these "china is only dominating in EV sales due to subsidies" comments is to throw shade on China's impressive progress. A contrast with their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
Ulrich@feddit.org 19 hours ago
US fossil fuel subsidies are relevant to China dominating the electric vehicle market? Sure thing buddy.
kurcatovium@piefed.social 18 hours ago
I believe main goal of China investing in green tech is to show middle finger to oil and gas producers. China has virtually none of both oil and gas and so is reliant on import. With mostly green cars and electricity from water, sun and wind, they will have much, much better leverage in global say.
Buffalox@lemmy.world 17 hours ago
They are not, VW group is. China market share was very tiny, and is now growing. And Tesla has collapsed.
But the big winners are mostly European, and then Hyundai/KIA, and now Toyota has finally made a good BEV, so they will increase their BEV marketshare too of course.
moonburster@lemmy.world 6 hours ago
Was gonna say this as well. The Asian brands that have dominated the eu markets still do so. Vw as well, even after their eco blue debacle.