Re:How China Built BYD, Its Tesla Killer
by coliveira on Sunday February 18, 2024 @04:48PM
(#39423764)
Train systems require heavy government investment until they can (maybe) produce any profit. But the same is true for other transportation systems: the auto industry is also heavily subsidized at all levels in the US, you just don't hear the numbers.
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Re:How China Built BYD, Its Tesla Killer
by rayiner on Sunday February 18, 2024 @05:59PM
(#39424401)
Amtrak is heavily subsidized: the federal government pays for its capital expenses (tracks, tunnels, etc); Amtrak is expected to cover its operating expenses (employees, etc). Very common arrangement all over the world.