Anonymous, 1 hour ago"However, it won't be an easy task as even after the European Commission's prob... moreThe western countries have learned to accuse other countries of doing things that they do themselves. This way, their own people think that they live in a democratic and transparent world.
"If China is supposed to be the bad guy and subsidizes its automotive companies, then we are the good guys and don't do that."
Actually It is 267 million € for Volvo.
And It was allowed by EU because of green energy, job creation and regional development.
3300 direct jobs,
So 80,909 € dotation per created job. That's enough to pay a worker for ~2.5-3 years on average.
So where are the numbers about China's support?
"However, it won't be an easy task as even after the European Commission's probe, China denies the subsidies it provides to EV manufacturers."
I want to see numbers about those subsidies, not just useless text about some EU probe.
BTW, Volvo is currently building a factory and received state support in my country, the same happened with Jaguar and Kia years ago.
Tesla without subsidies and state support would have gone bankrupt a long time ago.
So what are we talking about here?
And then what were the original 10% tariff about? Realized Chinese cars were still too cheap?
notice the tariff on tesla, just enough to say 'look, we dont discriminate' but not too much.
must wonder which country that should appease.
Have 0 tariff on cheaper chinese EVs. It will help increase EV adoption rate. Add tariffs to Chinese EVs that cost more than $30k, this will help local automakers compete.
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