Re:China Has Whole Towns Focused on Making Electric Cars
by seanmcdirmid on Monday June 03, 2019 @11:58AM
(#20084607)
There was also lots of subsidy fraud, where low value manufacturers would crank out what we’re basically golf carts and then indirectly collect part of the subsidy via a process similar to money laundering.
Re:China Has Whole Towns Focused on Making Electric Cars
by baybal2 on Monday June 03, 2019 @02:12PM
(#20086278)
I do remember years of "the solar boom," when just having word solar in company name enough to secure an effectively unconditional $3m grant.
Re:China Has Whole Towns Focused on Making Electric Cars
by panpanna on Monday June 03, 2019 @11:57AM
(#20084593)
Yeah, but if only 1% of those 500 survive and if 10% of those 500 companies ever came up with a good idea or design, China is set for world domination.
(Tesla was on front page the other day for burning cars, so move fast and break things is a thing here too)
Re:China Has Whole Towns Focused on Making Electric Cars
by moduspol on Monday June 03, 2019 @01:12PM
(#20085541)
Fortunately our legacy automakers have solved that problem. I haven't seen a story on HN about any of them catching on fire.
https://www.nfpa.org/News-and-Research/Data-research-and-too...
imo that would mean a lot of these towns wouldn't be in business for very long.
Edit: found the discussion https://news.ycombinator.com/item?id=19617681