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China’s embrace of rail and EVs stalls holiday petrol demand(www.businesstimes.com.sg)

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schizoidman@lemm.ee
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MrMakabar@slrpnk.net
4 points

Half the car sales in China are electric. The fact of the matter is that most of the buyers are poorer then Americans who refuse to buy EVs for the most part, being well below global average.

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ericjmorey@lemmy.world
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China is heavily subsidizing the EV market enabling more to be early adopters domesticly. Americans are not refusing EVs, they’re making financial decisions based on the environment they live in. Electric transportation is not a good financial decision for most people in the US right now. Hopefully that changes with some more government projects and subsidies.

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