(To be clear I quite happen to like EVs)

And those people who would lose money are the EV manufacturers. AFAIK in the US EV manufacturers are barely making money even with gov’t subsidies (baring Tesla). They can’t charge what would be necessary without subsidies because most people simply wouldn’t want or couldn’t afford such a product at that price point.

I've been looking for a place to talk about this. Seemingly through a potent combination of government subsidies, willingness to embrace the technology, and general STEM competence, China has exploded with quality EV manufacturers. The ICE manufacturers are doomed regardless of what type of car they try to sell.

It makes me wonder about this from a policy perspective. China, more than any other country, has the power to dump products at a net loss to the country for the sake of a long term victory. That's tough to combat.