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Xist 05-15-2019 03:23 PM

China is buying more EVs than the rest of the world combined.
 
YouTube has been suggesting this video for a while: https://www.youtube.com/watch?v=3BZ2225OJDg

The reporter explains that not only is China throwing money at electric cars in order to clean their air, they are phasing out ICE cars faster than any country, they believe that electric cars are the future, the government is throwing money at any company that can help China become the global leader of electric cars, and the government built a huge infrastructure of charging locations.

The top comment pointed out that since virtually all taxis (and ride-share vehicles) are electric, drivers are required to have at least one one-hour break every

redpoint5 05-15-2019 03:37 PM

Well, they are Commies, so they think they know best.

China is drastically reducing subsidies for EVs too, and we're likely to see the industry consolidate a bit there.

Any plan that doesn't include measurable objectives or consideration of unintended consequences is foolish.


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