this post was submitted on 05 Nov 2024

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China Can’t Cut Electric Vehicle Subsidies It Isn’t Paying (www.bloomberg.com)

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[–] filister@lemmy.world 4 points 1 day ago

I guess that the Belts and Roads initiative really paid out for them. With it they got access to a lot of mines in Africa and now have access to rare minerals, which are needed for their industry.