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A comment on BYD Builds World's Fastest Car. Parent comment

Re:BYD Builds World's Fastest Car by refurb on Monday October 06, 2025 @07:10AM (#45490089)
Not sure why this is downvoted. The Chinese government has been quite transparent in terms of globally dominating several industries including EV through heavy government support.

It would make no sense to destroy your own industry because it can’t compete with a heavily subsidized foreign industry.

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Re:BYD Builds World's Fastest Car by amanaplanacanal on Monday October 06, 2025 @10:06AM (#45491610)
If it is such a successful strategy, why doesn't everybody do it?
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Re:BYD Builds World's Fastest Car by happymellon on Monday October 06, 2025 @10:51AM (#45492065)
Subsidise industries?

Everyone does.

China funds it upfront, while the US does it after the spending and calls it a bail-out, or a "government contract"

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Re:BYD Builds World's Fastest Car by refurb on Monday October 06, 2025 @09:26PM (#45498414)
It's often not a successful strategy.

If your product sells like made at a subsidized price, but not at the unsubsidized price, it's not a real business.

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