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China Can’t Cut Electric Vehicle Subsidies It Isn’t Paying (www.bloomberg.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 1 week ago (1 children)

I though a lot of their industry was also built on real cheap electricity thanks to them building their factories near dams and the like.

[–] [email protected] 2 points 1 week ago

It is part of their abundance strategy. Massive solar deployments is further reducing energy costs. Solar production facilities being fully solar powered now is a massive cost, EROI, advantage.