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The Chinese government is giving their manufacturers
Posted on: June 21, 2025 at 12:01:43 CT
JeffB MU
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billions in subsidies, and the battery manufacturers as well. Their environment constraints are minimal and they bought up a lot of the rare earth supplies needed for the batteries etc.
They also stole much of the western companies' know how, using their research and development without all of the expense of actually doing it.
It is not even close to a level playing field.
Edited by JeffB at 12:03:23 on 06/21/25
They also stole much of the western companies' know how, using their research and development without all of the expense of actually doing it.
It is not even close to a level playing field.
Edited by JeffB at 12:03:23 on 06/21/25
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The Chinese government is giving their manufacturers - JeffB MU - 6/21 12:01:43