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Chinese EV maker BYD says new fast-charging system could be as quick as filling up a tank
(www.theguardian.com)
this post was submitted on 18 Mar 2025
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The official reason for tariffs is government subsidy AFAIK, but in reality the moment they lower the tariffs, US and EU automobile industry is done.
The heavy subsidy by the Chinese government is the reason they would dominate though. The tariffs won’t ever be lifted unless they stop manipulating the prices to be lower than domestic competitors…
They would dominate because they make a good product that isn’t more expensive than it has to be. US car companies have discontinued most affordable options to try and force people to only buy larger, higher end vehicles that most people have no use for. Now they’re mad that international companies are willing to sell the products they refuse to.
And not the 3.2 billion that the government dumped into them…
I’ve heard they are good cars but the price is manipulated.
so... how much did does the us government give its auto industry?
They gave us auto companies 81 billion between 2008 and 2014, and continue to subsidize the industry to this day.
pot meet kettle
Yet we don’t try to sell into the Chinese market for the express purpose of undercutting their domestic product. It’s common sense to not allow that to happen.
BYD recieved 3.7 billion between 2018-2022 2.2 billion in 2022 alone.
Ford recieved under 500 million in 2022 but did recieve 1.7 billion in 2023.
Ford motor apparently has recieved 7.7 billion in subsidies since the year 2000. Usually from states rather than fedrally.