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[–] 5 points 9 months ago (2 children)

Have you been to China recently? Seems like all the new cars sold there are EVs. They're not just dumping them on the export market.

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  • [–] 4 points 9 months ago

    If they were just looking to replace ICEs with EVs domestically, they'd have subsidies for domestically bought EVs. They instead subsidize production, regardless of where it'll be sold. Chinese manufacturers can afford to produce at a huge loss right now and still make a profit.

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