• @eletes@sh.itjust.works
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    911 days 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
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      11 days 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 [any]
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        110 days ago

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

      • @nednobbins@lemm.ee
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        211 days ago

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

    • @dance_ninja@lemmy.world
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      211 days 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.