this post was submitted on 27 Aug 2023
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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars (www.washingtonpost.com)
submitted 1 year ago by L4s to c/technology
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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars::undefined

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[–] SCB 3 points 1 year ago

It's also because, despite subsidies, shipping costs for materials for EVs (and the necessary factory upgrades) are expensive domestically, but this infrastructure already exists, alongside a very willing market that does not have a political identity tied to ICE engines.

A little bit of Bud Light phobia, a little bit of logistics and retooling costs, and a little bit of government subsidies (of both fuel and ICE engines themselves at all steps of production) all comes together to prolong the life of the ICE in the US.