this post was submitted on 10 May 2024
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281
Biden really, really doesn’t want China to flood the US with cheap EVs (www.theverge.com)
submitted 6 months ago by [email protected] to c/[email protected]
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[–] [email protected] -5 points 6 months ago (1 children)

That's a bingo.

The idea that "they" don't want the American public driving EVs is ridiculous.

[–] [email protected] 4 points 6 months ago

You misunderstand. This is protectionism plain and simple. US car companies are horribly inefficient. Better yet, the US car cartel eliminated most of their budget models to push trucks and SUVs that are more expensive. It doesn’t take much to undercut them, so the US government is banning the competition.