Subsidy definitely helps, but those Chinese car manufacturers are able to squeeze their parts suppliers hard, so they’re able to sell their cars cheaper even without subsidy. For example, their gasoline cars are about half the price of comparable Japanese models, even with engines sourced from GM/Ford.
Are they still doing the EV credit thing?
Subsidy definitely helps, but those Chinese car manufacturers are able to squeeze their parts suppliers hard, so they’re able to sell their cars cheaper even without subsidy. For example, their gasoline cars are about half the price of comparable Japanese models, even with engines sourced from GM/Ford.