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submitted 2 years ago by Sunshine@lemmy.ca to c/canada@lemmy.ca
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[-] eletes@sh.itjust.works 9 points 2 years ago

I imagine China is subsidizing the R&D of their EVs while American car companies are trying to recoup those costs

[-] nednobbins@lemm.ee 7 points 2 years ago* (last edited 2 years ago)

Every major country subsidizes R&D. That's what federal research grants are all about. The NSF, NIH, etc do exactly that.

Other US subsidies on EVs aren't specifically restricted to R&D but US companies could apply it to that, if they want.

edit: typo

[-] bountygiver@lemmy.ml 1 points 2 years ago

also many US companies are pocketing those subsidy money to pay the CEOs anyways.

[-] shawn1122@lemm.ee 3 points 2 years ago

China has been subsidizing EVs since 2010.

[-] nednobbins@lemm.ee 2 points 2 years ago

Longer than that. China has been promoting battery technology as a strategic initiative since the 90's.

[-] dance_ninja@lemmy.world 2 points 2 years ago

Definitely related. EVs are relatively new technology and internal knowledge for engineering R&D, materials, and manufacturing infrastructure all have to be spun up. All this, and you need marketing/planning folks to decide on what sort of vehicle will sell the best against their engineering capabilities.

this post was submitted on 05 Mar 2025
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