| ▲ | abirch 3 hours ago | |
From the article that you added in addition to the statements below, I don't think BYD is succeeding only by subsidies. I'm solely stating that they're heavily subsidized. China has a strategy where most western nations don't appear to have one. ---- It might be tempting when one has been asleep at the wheel to chalk up the rise of Chinese carmakers led by BYD to unfair subsidies, especially since leaders in Washington and Brussels have done so. No doubt, China is far from a free, fair and open market. The scale and pervasiveness of corporate subsidies at the federal and local level far exceed what other market-based economies offer. https://www.bloomberg.com/news/newsletters/2024-10-17/byd-s-... ---- https://www.bloomberg.com/news/articles/2025-11-10/china-s-c... | ||
| ▲ | overfeed an hour ago | parent [-] | |
> China has a strategy where most western nations don't appear to have one. EVs were subsidised in the west, e.g. in California (#4 "country" by GDP), Norway, and US tax incentives - which have gone away after the Trump anti-renewables Bill of 2025. MRSPs for EVs were slashed after September 2025 due to the loss of this subsidy, and 2 months later Ford cancelled it's electric F-150 program. | ||