Co-signed by a Republican and a Democrat from Michigan, the proposed legislation would expand existing federal restrictions on connected cars from China.
$231B in Chinese subsidy, but that includes mining, battery production and incentives to replace ICE in China, along with proper charging infrastructure.
Yeah, I keep meaning to dig out a video I saw on youtube that breaks down how China manages to keep it’s labor costs so low. I feel like it needs to be a significant part of the discussion on this, but its also difficult to quantify the costs of restricting movement within your own borders.
$231B in Chinese subsidy, but that includes mining, battery production and incentives to replace ICE in China, along with proper charging infrastructure.
https://www.bloomberg.com/news/articles/2024-06-21/china-s-ev-makers-got-231-billion-in-aid-over-last-15-years
Yeah, I keep meaning to dig out a video I saw on youtube that breaks down how China manages to keep it’s labor costs so low. I feel like it needs to be a significant part of the discussion on this, but its also difficult to quantify the costs of restricting movement within your own borders.