In order to do that the US government would need to heavily subsidize EVs the way the Chinese government does.
I support this… in my view the Chinese government is putting its money out there in order to get more people into an EV. The US should match their efforts.
i’m not sure heavy subsidization would work the same way in the US. We’ve already seen EV manufacturers adjust their prices based on available tax credits, so i feel like they’d just raise prices even more as subsidies increase. in china the govt can ensure this doesn’t happen.
It’s not a matter of should or could, it’s just not something that’s going to happen. The vast majority of Americans don’t want the government directly meddling with business models to that degree.
If we were smart, we would let the cheap Chinese EVs flood the US market and drive down prices in the US using competition.
So much for the invisible hand of the market I guess. 🤷🏻♂️
In order to do that the US government would need to heavily subsidize EVs the way the Chinese government does.
I support this… in my view the Chinese government is putting its money out there in order to get more people into an EV. The US should match their efforts.
You mean the way we previously subsidized the regular auto industry and the supporting fossil fuel industries for… 70-90 years?
And corn, which has been horrible for health in the US. But I guess that doesn’t count.
Yep! Gotta have corn, come get your corn, high fructose time!
i’m not sure heavy subsidization would work the same way in the US. We’ve already seen EV manufacturers adjust their prices based on available tax credits, so i feel like they’d just raise prices even more as subsidies increase. in china the govt can ensure this doesn’t happen.
Why should US gov not be able to force prizes below a curtain threshold? They just have to vote in the gov, but they can. Not?
It’s not a matter of should or could, it’s just not something that’s going to happen. The vast majority of Americans don’t want the government directly meddling with business models to that degree.