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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars::undefined

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[-] SCB@lemmy.world 3 points 1 year ago

It's also because, despite subsidies, shipping costs for materials for EVs (and the necessary factory upgrades) are expensive domestically, but this infrastructure already exists, alongside a very willing market that does not have a political identity tied to ICE engines.

A little bit of Bud Light phobia, a little bit of logistics and retooling costs, and a little bit of government subsidies (of both fuel and ICE engines themselves at all steps of production) all comes together to prolong the life of the ICE in the US.

this post was submitted on 27 Aug 2023
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