Comment on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
gian@lemmy.grys.it 2 hours agoThere is state involved ownership (from factory building) in Steel, but they make money at market prices.
They make money because they can write off 30% of the cost of the car being paid from someone else, in one form or another.
humanspiral@lemmy.ca 2 hours ago
Chinese car factories DO NOT get a special discount on steel. You can’t just keep repeating that without source that is not also just baseless repeating of same lie.
gian@lemmy.grys.it 1 hour ago
My source is “Il sole 24 ore”, a respected finalcial newspaper in Italy.
But I am not saying the Chinese car factory get a special discount on steel. What I am saying, based on the investigation from the newspaper I cited, is that CCP pay 20 to 30 % of the total cost to build a car.
Now your sources.