“China’s electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle has declined, according to a new research.
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TimyMax on
Honestly, as i’ve seen the shares, I think this is one of the hits towards destroying VW…
Stennan on
Just wait until you hear how much the Swedish taxpayers and pension funds are on the hook for…
The previous CEO (quit when they filed for bankruptcy) used to work at Tesla under Elon. And to think that this was thought to be a merit…
Sabotskij on
I read yesterday that they’re still planning on paying out like 40 million (SEK, I think?) in executive bonuses.
Fail misserably and get paid more than most see in a life time for it. Great.
KeithParkerUK1234 on
Electric cars ..a fairy story made up by idiots…for idiots.
14 commenti
Meanwhile…
https://www.bloomberg.com/news/articles/2024-06-21/china-s-ev-makers-got-231-billion-in-aid-over-last-15-years
“China’s electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle has declined, according to a new research.
.
Honestly, as i’ve seen the shares, I think this is one of the hits towards destroying VW…
Just wait until you hear how much the Swedish taxpayers and pension funds are on the hook for…
The previous CEO (quit when they filed for bankruptcy) used to work at Tesla under Elon. And to think that this was thought to be a merit…
I read yesterday that they’re still planning on paying out like 40 million (SEK, I think?) in executive bonuses.
Fail misserably and get paid more than most see in a life time for it. Great.
Electric cars ..a fairy story made up by idiots…for idiots.
Next up: the collapse of https://www.forseepower.com/ who got a ton of money from the French government.
Damn that’s almost 40 cents per capita
Can they now be nationalized or something?
I once looked at their job postings. Who the hell wants to move to the extreme north of Sweden with no sunlight in the winter and no housing?
I wonder if their downfall is partially due to the inability to attract talent.
until last week?
was this written like a year ago?
Northvolt been failing for years, a lot of strange deaths, failed delivers, accidents, not working machinery, scandals etc.
Wait a fucking second… Sweden is a net receiver of EU funds?
US company builds a factory in the EU, gets massive EU subventions, doesn’t do anything and cashes out all the EU money.
Western salaries, with previous generation’s machine tools for battery manufacturing, how can anybady be suprised by the outcome?
NICE!!!!! GUYS LET’S KEEP TRYING TO FORCE NATURE 😚👍🏿😁
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ONE CHILD POLICY LOL