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Biden announces 100% tariff on Chinese-made electric vehicles
(www.theguardian.com)
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this post was submitted on 14 May 2024
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You’re gonna need a source for that claim. I’ve read a lot about EVs and never once has anyone ever said BYD is selling at a loss.
Heavily subsidized, which is equivalent in this context.
How China Rose to Lead the World in Cars and Solar Panels
(paywall-free version)
China Vies to Be World’s Leader in Electric Cars
(paywall-free version)
Finding these articles took about ten seconds in a web search.
That’s not equivalent. Oil and gas are heavily subsidized in the USA as well, that does not mean they’d be running at a loss if it weren’t for the subsidies, it just means their profits would be lower. Please provide a source stating that they’re operating at a loss.