Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD news has been flying in. Here are a few more stories. BYD Seal Wins Prestigious Japan Car of the Year Award BYD is on a roll, but even with that said, I was ... [continued]
In what way? American EV subsidies apply to any company that builds cars here whether they’re American or not. Chinese subsidies only apply to Chinese automakers.
Germany and the US aren’t subsidizing their cars to a price so low that they undercut everyone else in a foreign market. That’s the difference.
Subsidies or no subsidies the petrol Volkswagen Taos / Tharu XR cost around $11k in China [1] while 2.5x more in the US [2]
Tesla was once the most subsidised automaker in China [3]
The US is also trying to block Chinese battery companies from operating locally [4]
Also companies like BYD prices its cars multiple times what it sold for locally and are making a huge profit margin from cars sold overseas in Europe.[5]