Unless I’m reading it wrong, that’s not what the article said? It seemed to suggest it was ride sharing companies which bought them and stopped ride sharing
Fair enough, I should have said “government is paying by subsidizing for a lot of EVs”. It doesn’t say it in this article but from other articles I read in the past it was a substantial part of the price which the government paid so that it was worth it. Don’t forget that those subsidiaries are the reason why the EU is investigating if they should put on extra taxes on Chinese EVs or not.
Much like with solar panels, the EU hasn’t invested in the factory capacity to meet demand and is now working to protect its own industry by being outcompeted by competitors who did. It’s also silly since the EU and US do the same exact thing.
Umm, Uber and Lyft don’t own thier own cars, and haven’t gone out of business, ao why would there be a few parking lots full of company cars left over after a bankruptcy in the US?
Sold to whom? As far as I know the government is paying fora lot of EVs which end up abondent https://www.bloomberg.com/features/2023-china-ev-graveyards/
They are suddenly everywhere in Australia, I can tell you that much.
Unless I’m reading it wrong, that’s not what the article said? It seemed to suggest it was ride sharing companies which bought them and stopped ride sharing
Fair enough, I should have said “government is paying by subsidizing for a lot of EVs”. It doesn’t say it in this article but from other articles I read in the past it was a substantial part of the price which the government paid so that it was worth it. Don’t forget that those subsidiaries are the reason why the EU is investigating if they should put on extra taxes on Chinese EVs or not.
Much like with solar panels, the EU hasn’t invested in the factory capacity to meet demand and is now working to protect its own industry by being outcompeted by competitors who did. It’s also silly since the EU and US do the same exact thing.
So let’s assume that the EU and the US are doing the same, where are the mountains of discarded EVs like we see in China?
Umm, Uber and Lyft don’t own thier own cars, and haven’t gone out of business, ao why would there be a few parking lots full of company cars left over after a bankruptcy in the US?
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