this post was submitted on 23 Jun 2026
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Electric Vehicles
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Except that's not really the case. While EVs do receive some subsidies in China because there's a push to out ICE vehicles, they're cheap because they essentially make all the components and there's insanely high competition. There are more EV manufacturers in China than there are Auto-manufactuers in the entire rest of the world combined.
Most have nearly completely automated factories at this point, because that's the only way to compete. Others have found very specific niches early enough that it would be too expensive to develop the tooling to compete, like XMCG's current relative domination in electric construction vehicles.
The problem then being if any of them go international in production the number of jobs produced are pretty low, and either extremely high skilled requiring imported Chinese labor or extremely low skilled providing very little tax revenue.
There's also the history of Chinese EV companies really not vetting local or partner construction companies, resulting in awful PR and lawsuits.