Re:Northvolt goes from Europe battery promise to crisis
by Cumpiler69 on Tuesday November 26, 2024 @06:53AM
(#42244907)
>The Chinese and American battery manufacturers have received enormous subsidies.
Nobody said subsidies are THE problem. The problem is the taxpayer being burdened with the losses while footing the bill for those subsidies, when they should be seeing a return on their investment, while the only ones who saw that were the fat cats.
I'm sick and tied of the race to the bottom without any accountability of "hey look, China is giving billions of state subsidies, so that means we should too".
Nobody said subsidies are THE problem. The problem is the taxpayer being burdened with the losses while footing the bill for those subsidies, when they should be seeing a return on their investment, while the only ones who saw that were the fat cats.
I'm sick and tied of the race to the bottom without any accountability of "hey look, China is giving billions of state subsidies, so that means we should too".