Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD news has been flying in. Here are a few more stories. BYD Seal Wins Prestigious Japan Car of the Year Award BYD is on a roll, but even with that said, I was ... [continued]
If you look from a customer point of view, it’s funny that EU doesn’t allow China to subsidy us :) (I know it’s more complex than that).
No that’s not funny, because it’s not subsidizing customers but helping profitability of making cars in China, and it’s very obviously because the Chinese subsidies are anti competitive, and allowing that is undermining European and US production.
If you really believe cost savings are passed on to consumers when the competition is gone, you are very naive.
America subsidises American cars and Germany subsidises German cars. Why do people act like China is a special case?
NO! Absolutely not, it’s true USA has subsidized Tesla, both their charging network directly, and the cars by having an EV quota Tesla sell to other manufacturers, while also subsidizing EV sales through tax credits. Tesla has also received production subsidies in China, which is why Tesla now has a 15% import tax to EU from China. Chinese and American subsidies favor production in China and USA.
Because it is! EU does NOT have subsidies that favor either EU or national EV production. In Germany there is a per car subsidy that CUSTOMERS receive DISREGARDING where the car is built including China and USA. Favoring nationally built cars would be ILLEGAL in EU!! Germany opposed the import tax on Chinese cars. China has direct subsidies to both the development and manufacturing of EV cars inside China.
Just because EU also support EV sales, doesn’t mean they do it in a way that is anti-competitive like China and USA.
The EU taxes on cars from China is to compensate for Chinese subsidies that are anti competitive against cars made in other countries.
Unfortunately the tax on Chinese cars does not compensate for the disadvantage of European cars sold in China, So it doesn’t restore balance and fair competition completely.
In what way? American EV subsidies apply to any company that builds cars here whether they’re American or not. Chinese subsidies only apply to Chinese automakers.
Germany and the US aren’t subsidizing their cars to a price so low that they undercut everyone else in a foreign market. That’s the difference.
Subsidies or no subsidies the petrol Volkswagen Taos / Tharu XR cost around $11k in China [1] while 2.5x more in the US [2]
Tesla was once the most subsidised automaker in China [3]
The US is also trying to block Chinese battery companies from operating locally [4]
Also companies like BYD prices its cars multiple times what it sold for locally and are making a huge profit margin from cars sold overseas in Europe.[5]