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Technology@lemmy.worldEnglish · 8 months ago

China’s booming EV companies eye U.S. competitors they see as ‘not ready’

www.nbcnews.com

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China’s booming EV companies eye U.S. competitors they see as ‘not ready’

www.nbcnews.com

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Technology@lemmy.worldEnglish · 8 months ago

American EV makers are reluctant to compete with Chinese companies because “they’re not ready,” Stella Li, chief executive of BYD Americas, told NBC News in an exclusive interview.

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8 months ago
I am pretty sure there are subsidies/grants/loans for auto companies under other governments too.

https://www.reuters.com/business/autos-transportation/us-offers-12-billion-automakers-suppliers-make-advanced-vehicles-2023-08-31/

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