Comment Re: Not exactly shocking (Score 2) 99
While that is certainly true, it leaves China as a whole in a really good place with regards to actually producing EVs in the future as Chinese cities transition the vast majority of cars to electric. They have the technology, know how, and experience now. Whereas we have none of those things.
Obviously the CCP knows that their distortion of the market ultimately puts us at a disadvantage and helps their corrupt buddies. But our governments are also good at distorting markets to help rich people, such as what's happening now in Iran and the price of oil, to say nothing about drumming up consumer demand for oil and ICE vehicles.