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this post was submitted on 13 May 2026
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Electric Vehicles
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$231B in Chinese subsidy, but that includes mining, battery production and incentives to replace ICE in China, along with proper charging infrastructure.
https://www.bloomberg.com/news/articles/2024-06-21/china-s-ev-makers-got-231-billion-in-aid-over-last-15-years
Yeah, I keep meaning to dig out a video I saw on youtube that breaks down how China manages to keep it's labor costs so low. I feel like it needs to be a significant part of the discussion on this, but its also difficult to quantify the costs of restricting movement within your own borders.