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Biden really, really doesn’t want China to flood the US with cheap EVs (www.theverge.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 2 points 2 years ago (1 child)

Sure. And - ya know - not funneling money into a totalitarian regime.

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  • [–] 2 points 2 years ago (2 children)

    It's not so much about where it goes, more so the fact that it doesn't stay in America. This is about saving the American auto industry. Whether it's for the jobs that would be lost or the profits of the shareholders.

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  • [–] -5 points 2 years ago (1 child)

    That's a bingo.

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

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  • [–] 4 points 2 years 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.

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