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China Can’t Cut Electric Vehicle Subsidies It Isn’t Paying
(www.bloomberg.com)
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this post was submitted on 05 Nov 2024
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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.
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.